G R Infraprojects inches up as its arm executes concession agreement with NHAI
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GR Infraprojects is currently trading at Rs. 1431.00, up by 9.75 points or 0.69% from its previous closing of Rs. 1421.25 on the BSE.
The scrip opened at Rs. 1414.10 and has touched a high and low of Rs. 1438.75 and Rs. 1414.10 respectively.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 2277.00 on 25-Oct-2021 and a 52 week low of Rs. 1249.70 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 1518.00 and Rs. 1375.00 respectively. The current market cap of the company is Rs. 13741.93 crore.
The promoters holding in the company stood at 86.54%, while Institutions and Non-Institutions held 10.05% and 3.41% respectively.
G R Infraprojects’ wholly owned subsidiary -- GR Ujjain Badnawar Highway has executed the concession agreement with the National Highways Authority of India (NHAI) for road project in Madhya Pradesh. The project is for 4-Laning of Ujjain-Badnawar Section of NH-752D from km 26.900 to km 96.00 (Length-69.1 km) in the State of Madhya Pradesh on Hybrid Annuity Mode. The project bid cost is Rs 907 crore and completion period is 730 days from appointed date.
G R Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across many States in India.
