Financial Situation and Prospects of GMR

This chapter discusses the financial situation of GMR, a company involved in building roads and commercial properties. It mentions the debt trouble GMR has faced in the past and how its airport expansion has led to a significant increase in debt. However, it also highlights that GMR's airports are in high traffic areas and have a near monopoly in prime cities, which could result in a steady stream of passengers. The chapter concludes by questioning whether the stock of GMR is too expensive due to the interest on debt affecting the company's bottom line.