GMR Power: Strong Breakout with Financial MomentumFundamental View
➡ Net profit of ₹1,225.2 crore in Q1 FY24
➡ EBITDA margin expanded by 150 bps YoY
➡ Strong financial performance driven by operational efficiencies
➡ Positioned well in the power and infrastructure sector
Technical View
➡ Bullish breakout above ₹107 with strong momentum
➡ Ascending