G R Infraprojects rises on getting provisional completion certificate for Manipur project
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GR Infraprojects is currently trading at Rs. 1301.55, up by 8.60 points or 0.67% from its previous closing of Rs. 1292.95 on the BSE.
The scrip opened at Rs. 1291.00 and has touched a high and low of Rs. 1309.00 and Rs. 1268.95 respectively. So far 3126 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1444.75 on 10-Aug-2022 and a 52 week low of Rs. 930.00 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 1320.45 and Rs. 1244.00 respectively. The current market cap of the company is Rs. 12601.48 crore.
The promoters holding in the company stood at 79.74%, while Institutions and Non-Institutions held 16.67% and 3.60% respectively.
G R Infraprojects has received provisional completion certificate for the project of ‘Four laning of Imphal - Moreh Section of NH-39 from km 330.000 to km 350.000 in the State of Manipur (Contract Package-I) under Engineering Procurement and Construction (EPC) Mode.’ The Provisional Completion certificate has been issued by the Authority’s Engineer on June 22, 2023 and has declared the project fit for entry into commercial operation with effect from January 30, 2023. The cost of the project is Rs 397 crore.
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.
