Prestige and GMR Airport were recommended as top buys for the day
Prestige Estates Projects and GMR Airport were highlighted by analysts as top buy recommendations for the trading day, based on technical analysis signaling potential upside in both stocks. Prestige was noted for its mildly bullish short-term moving averages, with technical indicators showing oversold conditions and possible reversal from recent neutral and sideways trends. GMR Airport similarly attracted interest due to chart patterns indicating improving momentum and support levels that suggest a favorable risk-reward setup. The recommendations reflect market confidence in underlying fundamentals and anticipate upward price movement driven by recent technical signals and positive investor sentiment.
Prestige Estates Projects and GMR Airports have both been recommended as top buys for the day, backed by detailed technical analysis and solid market fundamentals. Prestige's stock exhibited a mild bullish trend, with daily and short-term moving averages signaling potential upside. Technical indicators show the price may be emerging from oversold or stagnant territory, supported by recent reversals and continued interest from institutional investors. Analysts noted neutral-to-positive chart formations and strong volume activity, raising confidence in near-term price appreciation.
GMR Airports stock was also highlighted due to improving technical and fundamental momentum. The Relative Strength Index (RSI) stood at 63.6 (indicative of bullish sentiment),
and the MACD showed a buy signal—reinforcing expectations for continued upward movement. Recent quarterly results revealed a strong increase in revenues, a narrowing loss,
and healthy EBITDA margin of 35.8%. Though GMR Airports stock is trading at a premium, its solid fundamentals, increasing institutional buying, and positive technical ratings
(weekly and daily “strong buy” signals) contributed to its top buy recommendation. Analysts project an upside potential to ₹108, with current price at ₹92.28, supported by mild
upward price momentum and industry expansion.
Together, these recommendations reflect strong investor confidence in both companies—Prestige for its real estate leadership and reversal potential, GMR Airports for its
operational growth, financial stability, and clear technical buy signals.
Prestige Estates Projects and GMR Airports have both been recommended as top buys for the day, backed by detailed technical analysis and solid market fundamentals. Prestige's stock exhibited a mild bullish trend, with daily and short-term moving averages signaling potential upside. Technical indicators show the price may be emerging from oversold or stagnant territory, supported by recent reversals and continued interest from institutional investors. Analysts noted neutral-to-positive chart formations and strong volume activity, raising confidence in near-term price appreciation.
GMR Airports stock was also highlighted due to improving technical and fundamental momentum. The Relative Strength Index (RSI) stood at 63.6 (indicative of bullish sentiment),
and the MACD showed a buy signal—reinforcing expectations for continued upward movement. Recent quarterly results revealed a strong increase in revenues, a narrowing loss,
and healthy EBITDA margin of 35.8%. Though GMR Airports stock is trading at a premium, its solid fundamentals, increasing institutional buying, and positive technical ratings
(weekly and daily “strong buy” signals) contributed to its top buy recommendation. Analysts project an upside potential to ₹108, with current price at ₹92.28, supported by mild
upward price momentum and industry expansion.
Together, these recommendations reflect strong investor confidence in both companies—Prestige for its real estate leadership and reversal potential, GMR Airports for its
operational growth, financial stability, and clear technical buy signals.