GMR Airports Infrastructure Ltd. experienced a 5.6 percent increase in its shares on November 19 due to the announcement of handling over 1 crore passengers in October 2024, which reflects a 9.2 percent year-on-year growth.

The positive performance can be attributed to the growth in both domestic and international traffic, as well as a 9 percent year-on-year and 7 percent month-on-month increase in aircraft movements, totaling 71,598.

At 12:10 PM, GMR Airports shares were trading 4.6 percent higher at Rs 82. However, despite this recent uptick, the stock has only gained 2 percent year-to-date, which is lower than the Nifty 50"s 9 percent increase. After experiencing negative monthly returns from August to October, the stock has rebounded with a nearly 3 percent rise in November.