G R Infraprojects spurts on receiving LoA from East Coast Railway
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G R Infraprojects is currently trading at Rs. 974.20, up by 27.80 points or 2.94% from its previous closing of Rs. 946.40 on the BSE.
The scrip opened at Rs. 973.75 and has touched a high and low of Rs. 996.75 and Rs. 954.75 respectively. So far 7472 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1624.40 on 18-Apr-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. 1065.80 and Rs. 930.00 respectively. The current market cap of the company is Rs. 9512.26 crore.
The promoters holding in the company stood at 79.74%, while Institutions and Non-Institutions held 16.47% and 3.79% respectively.
G R Infraprojects has received Letter of Acceptance (LoA) from East Coast Railway for a project of construction of Tunnel work between Km. 153.0 to 180.0 (Adenigarh - Purunakatak) consisting of Tunnel-T4, T5, T6 & T7 (Length of 7.492 Km) & allied works of Khurda - Bolangir new rail line project in east coast railway. The cost of the project is Rs 587.59 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.
