GR Infraprojects gains on emerging as L-1 bidder for two projects in Uttarakhand
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GR Infraprojects is currently trading at Rs. 1266.85, up by 1.95 points or 0.15% from its previous closing of Rs. 1264.90 on the BSE.
The scrip opened at Rs. 1264.90 and has touched a high and low of Rs. 1280.20 and Rs. 1259.85 respectively. So far 146 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1429.00 on 16-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. 1333.45 and Rs. 1233.90 respectively. The current market cap of the company is Rs. 12269.35 crore.
The promoters holding in the company stood at 79.74%, while Institutions and Non-Institutions held 16.73% and 3.53% respectively.
GR Infraprojects has emerged as the L?1 (lowest) bidder in Financial Bid Opening dated February 20, 2023 for tender invited by National Highways Logistics Management (NHLML) for two projects in Uttarakhand. The first project is for Development, Operation and Maintenance of Ropeway from Gaurikund to Kedarnath in the State of Uttarakhand on Hybrid Annuity Mode. The bid project cost of the said project is Rs 1875.00 crore.
Further, the second project is for Development, Operation and Maintenance of Ropeway from Govind Ghat – Ghangaria – Hemkund Sahib in the State of Uttarakhand on Hybrid Annuity Mode. The bid project cost of the said project is Rs 1738.00 crore.
GR Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across many States in India.
