📅 GMR AIRPORTS LIMITED Seasonality

GMR AIRPORTS LIMITED (GMRAIRPORT) has ended October higher in 13 of the last 20 years (65%), with an average October move of +1.2%. The strongest October was 2006 (+31.1%) and the weakest was 2008 (-42.5%).

GMRAIRPORT · data since 2006 (21 yrs) Prices through 16 Oct 2026
13/20
Octobers closed higher
+1.2%
Avg October move
-5.9%
October so far
December
Best month · avg +5.5%
January
Weakest month · avg -3.4%
21
Years of history
Current month: October 2026 historically up 65% of years (13/20) avg +1.2% best 2006 +31.1% worst 2008 -42.5% so far -5.9%

GMR AIRPORTS LIMITED's historically strongest month is December — up in 10 of 20 years (50%) with an average gain of +5.5%. The weakest month has been January, averaging -3.4% with gains in only 6 of 20 years. The most consistent month by hit rate is April (14/20 years positive).

📊 Average return by month

2006–2026 · completed months only
Bars above the zero line are months GMRAIRPORT typically gained; hover for hit rates.

🗓️ Month-by-month returns (2006–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -3.4-0.4+1.6+4.8+0.6+3.9+0.6-1.7+4.3+1.2+3.7+5.5
Up % 30%50%55%70%40%55%55%40%52%65%55%50%
2026 -10.0 +7.2 -15.8 +13.8 +4.1 +11.7 -6.1 -11.0 +1.6 -5.9 · ·
2025 -7.5 -4.4 +9.0 +15.1 -3.6 +1.3 +5.7 -4.4 +1.3 +7.8 +15.3 -3.7
2024 -2.7 +7.2 -2.9 +4.4 -0.6 +14.1 +5.3 -7.1 -0.4 -15.7 +4.9 -5.6
2023 -3.5 -1.2 +7.0 +12.6 -11.3 +7.9 +18.0 +19.8 -3.6 -8.3 +9.5 +34.7
2022 +2.1 -10.0 -2.5 +1.9 +0.9 -10.3 +10.0 -4.1 -1.1 +5.3 +14.6 -7.3
2021 -10.0 +9.2 -6.7 -5.5 +13.5 +22.1 -10.7 +2.3 +32.0 +5.7 -7.3 +21.7
2020 +8.8 -12.5 -18.3 +4.6 +10.8 +5.8 +8.5 +8.3 -2.1 +1.5 +14.5 -1.1
2019 -7.4 +6.6 +23.4 -16.8 -6.9 -3.9 +0.4 +0.7 +13.0 +22.0 +5.6 -4.1
2018 -3.1 -12.9 -11.1 +21.7 -11.5 -15.7 +16.0 +18.9 -23.2 +4.0 -4.5 +1.9
2017 +7.1 +25.2 +0.6 +7.8 -12.7 +30.5 -4.3 -8.5 -4.6 +17.1 -4.5 +22.4
2016 -20.8 -16.1 +6.4 +8.6 -10.7 +18.6 +7.1 -4.9 -6.6 +7.9 -12.4 -1.2
2015 +12.5 +1.5 -13.6 -11.2 -4.1 -1.1 +0.0 -16.7 +16.3 -3.4 +27.1 -1.5
2014 -18.1 +2.5 +5.1 +13.7 +34.2 +3.3 -22.3 -5.2 -30.5 +23.4 -10.4 -11.6
2013 -2.5 -6.4 +22.4 -5.8 +2.4 -15.6 -27.0 +6.6 +59.7 +1.6 -7.2 +21.2
2012 +39.6 -2.6 +8.8 -14.2 -22.7 +21.9 -7.3 -21.7 +36.2 -19.2 -7.2 +4.0
2011 -14.2 +4.2 -1.3 -6.8 -5.7 -8.3 -6.1 -12.1 +0.3 +2.6 -25.8 +1.9
2010 -10.0 -8.6 +14.4 +6.4 -10.5 -0.4 -4.4 -2.0 +2.0 -5.8 -14.7 +0.6
2009 -4.3 +7.3 +20.1 +19.2 +45.6 -13.8 +0.7 +0.3 -2.1 -12.2 +7.5 +0.6
2008 -31.0 +2.1 -14.8 +8.2 -17.1 -39.9 +15.6 +11.0 -14.4 -42.5 +5.4 +43.9
2007 +6.6 -6.5 +1.5 +17.6 +17.5 +50.5 +12.0 -3.8 +7.7 +1.9 +43.8 -2.7
2006 · · · · · · · · +9.3 +31.1 +20.1 -4.8

🏆 Top 25 seasonal picks — October 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 MUTHOOTFIN Muthoot Finance Limited 13/15 yrs up 87% +4.4% -5.1%
2 POKARNA Pokarna Limited 9/10 yrs up 90% +9.7% +1.2%
3 STYRENIX Styrenix Performance Materials Limited 18/22 yrs up 82% +3.7% +2.3%
4 TBZ Tribhovandas Bhimji Zaveri Limited 12/14 yrs up 86% +12.3% +19.5%
5 RAMCOCEM The Ramco Cements Limited 17/22 yrs up 77% +0.6% -4.8%
6 OBEROIRLTY Oberoi Realty Limited 12/15 yrs up 80% +6.1% -3.5%
7 PDSL PDS Limited 9/11 yrs up 82% +9.4% -2.8%
8 MCX Multi Comm. Exc. 11/14 yrs up 79% +8.9% -4.2%
9 INDOTECH Indo Tech Transformers Limited 15/20 yrs up 75% +6.7% -3.8%
10 SUZLON Suzlon Energy Limited 15/20 yrs up 75% +4.8% +6.4%
11 RSYSTEMS R Systems International Limited 15/20 yrs up 75% +4.2% -6.6%
12 IFBAGRO IFB Agro Industries Limited 16/22 yrs up 73% +11.7% -3.1%
13 GMDCLTD Gujarat Mineral Development Corporation Limited 16/22 yrs up 73% +8.5% -7.2%
14 USHAMART Usha Martin Limited 16/22 yrs up 73% +6.0% -1.5%
15 GSFC Gujarat State Fertilizers & Chemicals Limited 16/22 yrs up 73% +4.6% -1.3%
16 ICICIBANK ICICI Bank Limited 16/22 yrs up 73% +4.5% +5.7%
17 SHRIRAMFIN Shriram Finance Limited 16/22 yrs up 73% +2.8% -4.3%
18 KABRAEXTRU Kabra Extrusion Technik Limited 16/22 yrs up 73% +2.2% +0.4%
19 HIRECT Hind Rectifiers Limited 14/19 yrs up 74% +4.7% -2.7%
20 TI Tilaknagar Industries Limited 12/16 yrs up 75% +9.5% +2.0%
21 KECL Kirloskar Electric Company Limited 12/16 yrs up 75% +8.0% -1.9%
22 IMFA Indian Metals & Ferro Alloys Limited 12/16 yrs up 75% +8.0% -0.9%
23 DBREALTY Valor Estate Limited 12/16 yrs up 75% +7.4% -9.7%
24 ATULAUTO Atul Auto Limited 10/13 yrs up 77% +8.3% -5.6%
25 MINDTECK Mindteck (India) Limited 8/10 yrs up 80% +5.1% -2.8%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
Current quarter: Q4 2026 historically up 60% of years (12/20) avg +9.2% so far -5.9%

By quarter, Q2 (Apr–Jun) has been the strongest for GMRAIRPORT: up in 11 of 20 years, averaging +10.5%. Q1 (Jan–Mar) has been the softest (-2.2% on average). The current quarter (Q4) has historically closed higher 60% of the time.

📊 Average return by quarter

Q1 = Jan–Mar … Q4 = Oct–Dec
Calendar quarters, close-to-close. Hover for hit rates.

🗓️ Quarter-by-quarter returns

dashed cell = current quarter to date
Year Q1Q2Q3Q4
Avg -2.2+10.5+1.7+9.2
Up % 40%55%50%60%
2026 -18.8 +32.3 -15.1 -5.9
2025 -3.6 +12.5 +2.4 +19.7
2024 +1.3 +18.3 -2.6 -16.5
2023 +2.0 +7.8 +36.3 +35.3
2022 -10.4 -7.7 +4.3 +11.8
2021 -8.3 +30.9 +20.6 +19.3
2020 -22.1 +22.6 +15.0 +14.9
2019 +21.9 -25.5 +14.2 +23.5
2018 -25.0 -9.2 +6.0 +1.2
2017 +34.9 +22.8 -16.5 +36.9
2016 -29.3 +15.1 -4.9 -6.6
2015 -1.3 -15.7 -3.2 +21.0
2014 -11.9 +57.6 -48.8 -2.3
2013 +11.7 -18.6 +24.3 +14.2
2012 +47.9 -19.2 -1.2 -22.0
2011 -11.8 -19.4 -17.2 -22.4
2010 -5.8 -5.1 -4.5 -19.2
2009 +23.3 +49.6 -1.1 -5.1
2008 -40.0 -46.1 +9.8 -12.8
2007 +1.2 +107.9 +16.1 +42.6
2006 · · · +49.9

🏆 Top 25 seasonal picks — Q4 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 RHIM RHI MAGNESITA INDIA LIMITED 13/14 yrs up 93% +14.0% -3.8%
2 APOLLOHOSP Apollo Hospitals Enterprise Limited 19/22 yrs up 86% +6.2% -3.4%
3 RSYSTEMS R Systems International Limited 17/20 yrs up 85% +24.7% -6.6%
4 STAR Strides Pharma Science Limited 18/22 yrs up 82% +6.3% -6.7%
5 DRREDDY Dr. Reddy's Laboratories Limited 18/22 yrs up 82% +4.5% +0.0%
6 PROZONER Prozone Realty Limited 12/14 yrs up 86% +19.8% -3.9%
7 POLYMED Poly Medicure Limited 12/14 yrs up 86% +9.2% -4.8%
8 INDOTECH Indo Tech Transformers Limited 16/20 yrs up 80% +23.2% -3.8%
9 TI Tilaknagar Industries Limited 13/16 yrs up 81% +22.7% +2.0%
10 FIEMIND Fiem Industries Limited 15/19 yrs up 79% +14.2% +2.2%
11 BSOFT BIRLASOFT LIMITED 17/22 yrs up 77% +21.8% +17.1%
12 SONATSOFTW Sonata Software Limited 17/22 yrs up 77% +20.2% -4.0%
13 FACT Fertilizers and Chemicals Travancore Limited 17/22 yrs up 77% +20.1% -3.3%
14 TVSHLTD TVS Holdings Limited 17/22 yrs up 77% +15.4% -5.0%
15 APARINDS Apar Industries Limited 17/22 yrs up 77% +15.1% -7.8%
16 STYRENIX Styrenix Performance Materials Limited 17/22 yrs up 77% +11.0% +2.3%
17 EPL EPL Limited 17/22 yrs up 77% +10.4% -2.1%
18 TORNTPHARM Torrent Pharmaceuticals Limited 17/22 yrs up 77% +8.5% -5.0%
19 WIPRO Wipro Limited 17/22 yrs up 77% +8.4% +16.3%
20 HINDALCO Hindalco Industries Limited 17/22 yrs up 77% +7.6% -3.6%
21 VTL Vardhman Textiles Limited 17/22 yrs up 77% +7.4% -0.5%
22 HDFCBANK HDFC Bank Limited 17/22 yrs up 77% +6.2% +2.8%
23 COROMANDEL Coromandel International Limited 17/22 yrs up 77% +5.9% +0.0%
24 ASIANPAINT Asian Paints Limited 17/22 yrs up 77% +4.3% -2.9%
25 JPOLYINVST Jindal Poly Investment and Finance Company Limited 10/12 yrs up 83% +34.9% +2.1%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
❓ GMRAIRPORT seasonality — FAQ
How often does GMR AIRPORTS LIMITED rise in October?
Historically GMRAIRPORT has closed October with a gain in 13 out of 20 years — a 65% hit rate — averaging +1.2% for the month (data since 2006).
Which is the best month to buy GMR AIRPORTS LIMITED historically?
Based on 20 years of data, December has been GMRAIRPORT's strongest month: positive in 50% of years with an average return of +5.5%. Past seasonality does not guarantee future results.
Which is the weakest month for GMR AIRPORTS LIMITED?
January has historically been the weakest month for GMRAIRPORT, with an average move of -3.4% and gains in just 6 of 20 years.
Which quarter is historically strongest for GMR AIRPORTS LIMITED?
Q2 (Apr–Jun) — positive in 11 of 20 years with an average return of +10.5%.
Does seasonality guarantee future returns?
No. Seasonality is a historical tendency, not a prediction. It reflects how a stock happened to trade in past calendar periods and can break at any time. Use it as one research input alongside fundamentals and technicals, and consult a SEBI-registered adviser before investing.

Methodology: returns are close-to-close over calendar months and quarters, computed from adjusted daily prices since 2006. A period's return is only counted when the immediately preceding period also traded. Statistics cover completed periods; the current period is shown separately as “so far”. Seasonality is a historical tendency, not a prediction or investment advice. Consult a SEBI-registered adviser before investing.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI