G R Infraprojects soars on emerging as L-1 bidder in BSNL’s Bharat Net Ph-3 Project
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GR Infraprojects is currently trading at Rs. 1606.00, up by 7.75 points or 0.48% from its previous closing of Rs. 1598.25 on the BSE.
The scrip opened at Rs. 1629.75 and has touched a high and low of Rs. 1632.80 and Rs. 1571.60 respectively. So far 2561 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1859.95 on 26-Jun-2024 and a 52 week low of Rs. 1025.00 on 30-Nov-2023.
Last one week high and low of the scrip stood at Rs. 1645.00 and Rs. 1554.20 respectively. The current market cap of the company is Rs. 15498.16 crore.
The promoters holding in the company stood at 74.71%, while Institutions and Non-Institutions held 22.20% and 3.09% respectively.
G R Infraprojects has emerged as L?1 bidder in Bharat Sanchar Nigam’s (BSNL) Bharat Net Ph?3 (Middle Mile) Project: Package?16 bid opening dated November 9, 2024 for the tender invited by BSNL on behalf of Department of Telecom (DoT).
The tender is for Design, Supply, Construction, Installation, Upgradation, O&M of middle mile network of Bharat Net vide Tender Enquiry Number: MM/BNO&M/BN?III/T? 791/2024 issued on February 15, 2024 (Package 16 ? Kerala). The Contract Price is Rs 867.54 crore (Inclusive of GST). The order is to be executed in 3 years.
GR Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across many States in India.
