GR Infraprojects rises on getting LOA from Ministry of Road Transport and Highways
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GR Infraprojects is currently trading at Rs. 1338.80, up by 7.05 points or 0.53% from its previous closing of Rs. 1331.75 on the BSE.
The scrip opened at Rs. 1320.05 and has touched a high and low of Rs. 1350.65 and Rs. 1302.00 respectively. So far 5040 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. 1350.65 and Rs. 1295.10 respectively. The current market cap of the company is Rs. 12944.72 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 received Letter of Award (LOA) on July 13, 2023 from Ministry of Road Transport and Highways for construction of four lane highway from Km 74.700 to Km 112.950 (Baranpur Kadipur Ichauli to Rampuriya Awwal) of NH?731A (i/c Yamuna Bridge) in the State of Uttar Pradesh on Hybrid Annuity Mode. The bid project cost is Rs 737.17 crore. The completion period of the project is 730 days from appointed date and operation period is 15 years from commercial operation date.
GR Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across many States in India.
