GPT Infraprojects zooms on bagging order worth Rs 292 crore
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GPT Infraprojects is currently trading at Rs. 85.00, up by 11.40 points or 15.49% from its previous closing of Rs. 73.60 on the BSE.
The scrip opened at Rs. 77.95 and has touched a high and low of Rs. 86.65 and Rs. 77.95 respectively. So far 3317 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 112.05 on 28-Apr-2022 and a 52 week low of Rs. 66.80 on 15-Nov-2021.
Last one week high and low of the scrip stood at Rs. 86.65 and Rs. 71.60 respectively. The current market cap of the company is Rs. 214.07 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 2.37% and 22.63% respectively.
GPT Infraprojects has bagged an order valued at Rs 292 crore for Execution of Viaducts, Major Bridges, ROBs, supply of Vehicle, site facilities & other allied works in between Buguda-Baniguchha section and Execution of ROB no. 229 (1X18.0 composite girder) in between Nuagaon - Daspalla section of East Coast Railway for Khurda Road-Bolangir New B.G. Link Project.
The company has bagged an order from Office of the ECOR-CONST-HQ-ENGG, North Block, Rail Sadan, Samanta Vihar, Chandrasekarpur, Bhubaneswar, Odisha. This contract is in Joint Venture. Currently, the company has orders worth approximately Rs 1,800 crore in hand including cumulative order inflow of Rs 292 crore in the current financial year (FY23).
GPT Infraprojects, the flagship company of the GPT Group is a premier Infrastructure company based out of Kolkata, India.
