GMR Power and Urban Infra Ltd stock has grown significantly in one year, attracting investors and market enthusiasts. Over the past 12 months, the shares of GMR Power have increased 285.81 percent, leaving traders and enthusiasts perplexed if there is still more growth in the share price of GMR Power. Currently, the share price of GMR Power is Rs 140.05 which is slightly up from its previous close of Rs 139.09, showing a gain of 0.7 percent. This minimal growth came amid the backdrop of the volatile and fluctuating nature of the market. In recent days, the performance of GMR Power in the market has been quite unpredictable as it has decreased by 0.82 percent over the past few weeks but maintained a notable growth of 39.62 percent in one month. As investors and traders seem very confused about the potential of GMR Power shares, we have come up with an overview of this stock’s current performance, operational insights, key technical levels, and market sentiment. It would be great for you to read this article to the end. Swipe down the page.
GMR Power Share Current Performance Overview
Over the past year, the stock of GMR Power has registered a phenomenal growth of 285.81 percent and 39.62 percent over the past month. But in recent days, the stock price has dipped slightly, prompting several questions about this stock’s future performance. It won’t be wrong to say that the recent dip in the share price of GMR Power has raised questions about the investors’ confidence and interest in it. In the past seven days, GMR Power stock witnessed a decrease of around 0.82 percent. Currently, the share price of GMR Power is Rs 140.05 while its previous close was Rs 139.09.
- Current Price: Rs 140.05
- Previous Close: Rs 139.09
- 1-Day Change: +0.70 percent
- 1-Month Change: +39.62 percent
- 1-Year Change: +285.81 percent
- Market Capitalization: Rs 10,011.28 Crore
- P/E Ratio: 7.54
- EPS (TTM): Rs 18.57
Trading Range and Volume of
The trading volume of a stock reflects the interest of the traders. On NSE, 4.7 million shares of GMR Power were traded, in the range of Rs 136 and Rs 142, showing enormous interest among the investors. It is said that the robust investor interest was driven by several factors like recent company news and market speculations. The higher is trading volume, the stronger the confidence and interest among the investors. On the National Stock Exchange, 4.7 million GMR Power shares were exchanged among the traders.
The investors and traders who are willing to invest in GMR Power shares are suggested to take a look at the key technical levels, support, and resistance levels, before investing. The support and resistance levels help the investors and traders understand the buying and selling pressure of this stock.
- Support Level (S1): ₹136
- Resistance Level (R1): ₹142
Despite reporting a staggering growth of 285.81 percent over the past year and around 39 percent over the past month, the recent performance of GMR Power share faced some hurdles. GMR Power reported its first decline in revenue contraction of 17.95 percent in 3 years. Meanwhile, this decline in revenue contraction raised concerns about its efficiency and profitability in operations. GMR Power issued approximately 32.96 percent of its operating revenues for interest expenses, which is quite substantial amid its revenue challenges. Nevertheless, GMR Power’s ROE (return on equity) stands at an impressive 127.88 percent, significantly surpassing its previous five-year average of -30.74 percent, which reflects the company’s ability to generate profit from shareholders’ equity remains strong while revenue may be down. Stay tuned to this website for more details and further updates.
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