GR Infraprojects surges on getting completion certificate for Madhya Pradesh project
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GR Infraprojects is currently trading at Rs. 1026.25, up by 23.00 points or 2.29% from its previous closing of Rs. 1003.25 on the BSE.
The scrip opened at Rs. 1000.00 and has touched a high and low of Rs. 1031.65 and Rs. 992.80 respectively. So far 2154 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. 992.80 on 08-Mar-2023.
Last one week high and low of the scrip stood at Rs. 1055.00 and Rs. 992.80 respectively. The current market cap of the company is Rs. 9852.61 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 completion certificate for the project of ‘Construction of Eight lane access? controlled Expressway carriageway from Bawadi Village Near Shivgarh of Ratlam District to Ranni village of Jhabua District Ch. 627+420 to 652+720; Design Chainage 175+000 to 200+300 NH?148N on EPC Mode under Bharatmala Pariyojna in the state of Madhya Pradesh’. The Completion certificate has been issued by the Authority’s Engineer on March 06, 2023 and has declared the project fit for entry into commercial operation with effect from February 20, 2023.
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.
