This is an intraday call for the day traders who want to make good profit in today's session.

According to stock market analysts GMR Infra can be bought with the stop loss of Rs 160 to achieve the intraday target of Rs 170.15.

They also said that if the stock remains on the positive track, the next intraday target should be above Rs 175.

Shares of the company, on Friday (May 29), closed at Rs 164.80 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 175.30 and a low of Rs 45.60 on BSE. Current EPS and P/E of the stock stood at 0.69 & 247.10 respectively.

So, buy the stock to reap good gains as it has enough potency to break all the records.

On 29 May, GMR Group entered into a deal with the international power manufacturer InterGen NV to get hold of Intergen`s 100% stake in Singapore-based private electric utility, Island Power.

Currently, it is making an 800 MW combined cycle power plant fired by natural gas to be situated on Jurong Island, Singapore.

Via international competitive path, GMR Infrastructure led consortium, on 28 May, has bagged the Hyderabad-Vijayawada highway project on a Build, Operate and Transfer (Toll) basis.

GMR Infra's group has got letter of award from National Highways Authority of India (NHAI).

According to reports, this is GMR Group's seventh highway project after successfully finishing six projects according to schedule.

GMR Infrastructure, on May 11, declared that the company's board has sanctioned the plan to lift funds via issue of equity shares / GDRs / ADRs / FCCBs and / or such other securities for an amount not exceeding Rs 50 billion either through preferential issue or qualified institutional placement.

On May 07, GMR Hyderabad International Airport (GHIAL), a division of GMR Infra, is planning to set up an aerospace park in Hyderabad covering up more than 250 acres, although the aviation segment is passing through turbulent times.