GR Infraprojects surges on emerging as L-1 bidder for two projects in Uttarakhand
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GR Infraprojects is currently trading at Rs. 1199.00, up by 45.20 points or 3.92% from its previous closing of Rs. 1153.80 on the BSE.
The scrip opened at Rs. 1199.00 and has touched a high and low of Rs. 1199.00 and Rs. 1199.00 respectively. So far 129 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. 1074.35 on 04-Jul-2022.
Last one week high and low of the scrip stood at Rs. 1227.20 and Rs. 1130.85 respectively. The current market cap of the company is Rs. 11155.98 crore.
The promoters holding in the company stood at 79.74%, while Institutions and Non-Institutions held 16.47% and 3.79% respectively.
GR Infraprojects has emerged as L?1 bidder in Financial Bid Opening dated February 20, 2023 for the two tenders invited by National Highways Logistics Management (NHLML). The first tender is for Development, Operation and Maintenance of Ropeway from Gaurikund to Kedarnath in the State of Uttarakhand on Hybrid Annuity Mode. Bid project cost for the said project is Rs 1875 crore. Construction period of the project will be 1460 days from appointed date and operation period is 15 years from commercial operation date.
The second tender is for Development, Operation and Maintenance of Ropeway from Govind Ghat - Ghangaria - Hemkund Sahib in the State of Uttarakhand on Hybrid Annuity Mode. Bid project cost for the said project is Rs 1738 crore. Construction period of the project will be 1460 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.
