10/9/2024, 1:34:03 pm

GMR Airports shares jump 3% on plans to acquire 10% stake in Delhi Airport

Shares of GMR Airports Infrastructure (GIL) rose 3% in Tuesday’s session to its day’s high of Rs 93.31 on BSE after the company informed that it is set to acquire an additional 10% equity stake in Delhi International Airport (DIAL) for about $126 million. The seller of the stake in the transaction will be Fraport AG Frankfurt Airport Services Worldwide.