GR Infraprojects zooms on emerging as L-1 bidder for project in Maharashtra
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
GR Infraprojects is currently trading at Rs. 1042.75, up by 73.80 points or 7.62% from its previous closing of Rs. 968.95 on the BSE.
The scrip opened at Rs. 984.80 and has touched a high and low of Rs. 1061.10 and Rs. 979.90 respectively. So far 17922 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. 960.90 on 22-Mar-2023.
Last one week high and low of the scrip stood at Rs. 1061.10 and Rs. 960.90 respectively. The current market cap of the company is Rs. 10063.39 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 March 22, 2023 for the tender invited by National Highways Authority of India for Six laning of Surat - Nashik - Ahmednagar - Solapur - MH/KNT Border Greenfield stretch [Package - XIV from Km. 512.000 (Hasapur) to Km. 548.400 (Badadal)] in the State of Maharashtra to be executed on Hybrid Annuity Mode under Bharatmala Pariyojana. Bid project cost for the said project is Rs 872.17 crore. Construction period of the project will be 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.
