GMR Airports begins commercial ops at Bhogapuram Airport

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GMRAIRPORT · price

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Price reactionminutes from the announcement price · days from the prior close

+0.1%Reaction day

₹101.31

prior close

₹102.02

announcement price

After-mkt

timing

Nifty Midcap 150market-0.4%+0.5% vs market

Transport Infrastructure peers, median of 14sector · industry level-1.4%+1.5% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Midcap 150 and 1.5 pts more than its Transport Infrastructure peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-0.5

15m

-0.6

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.1-0.4+0.5-1.4+1.5

Next day

+1.2-0.6+1.8-1.3+2.5

-0.9-0.3-0.6-1.7+0.8

-1.7-0.2-1.5-2.4+0.8

-3.0-0.1-2.9-2.0-1.0

-2.2+0.3-2.5-1.6-0.7

-2.6+0.2-2.8-1.2-1.4

15d

-4.3-1.6-2.7-2.3-2.0

-3.7-2.4-1.3-3.0-0.7

-11.1-8.3-2.7-10.3-0.7

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UpDownMarket · Nifty Midcap 150Sector · Transport Infrastructure peers, median of 14Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

GMR Airports subsidiary GVIAL started commercial operations at Alluri Sitarama Raju International Airport (Bhogapuram) in Andhra Pradesh on August 17, 2026. The greenfield airport was inaugurated by PM Modi on August 1. Initial capacity is 6 million passengers per year, expandable to 40 million. It has a 3,800m runway handling wide-body aircraft. Day one saw 52 air traffic movements with flights connecting Visakhapatnam to Hyderabad, Abu Dhabi, and Singapore.

Likely market impact

Positive: new revenue stream from a greenfield airport with 6M passenger capacity, expandable to 40M, adding to GMR's growing airport portfolio.