Ambareesh Baliga, Independent Market Expert told CNBC-TV18, "GMR Infrastructure should get better going ahead especially since we are expecting the economy to bounce back. In case they are able to do some sort of strategic sales, asset sale that should be positive, so as far as GMR Infra is concerned. I don’t see much of a downside from here. We have already seen that Rs 10.50-11, I don’t think we will see those. I think it can move more towards that Rs 16- 17 levels than to Rs 11-12. However, at the same time do I expect it to go to Rs 30-35, I don’t think so?."GMR Infrastructure was quoting at Rs 13.44, up Rs 1.56, or 13.13 percent.
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