Powered by: Motilal Oswal
07-03-2024 10:49 AM | Source: Accord Fintech
GPT Infraprojects moves higher on securing order worth Rs 135 crore from North Central Railway

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

GPT Infraprojects is currently trading at Rs. 182.00, up by 9.30 points or 5.39% from its previous closing of Rs. 172.70 on the BSE.

The scrip opened at Rs. 187.10 and has touched a high and low of Rs. 188.00 and Rs. 177.25 respectively. So far 17739 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 209.85 on 04-Mar-2024 and a 52 week low of Rs. 42.65 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 209.85 and Rs. 157.45 respectively. The current market cap of the company is Rs. 1038.37 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 4.26% and 20.74% respectively.

GPT Infraprojects (GPT) has bagged order worth Rs 135 crore from North Central Railway, Agra, Uttar Pradesh. The company has received order for earthwork in embankment and cutting including blanketing, construction of minor bridges, subways, side drains, toe walls, P.Way Track linking, transportation of P.way material, supply & stacking of ballast, leading out of ballast, AT welding and other ancillary works between Ch.28600.00 m to 69700 m in connection with DHO-SRMT GC work under North Central Railway, Agra, Uttar Pradesh. This contract is in Joint Venture with GPT’s share being 51%.

GPT Infraprojects, the flagship company of the GPT Group is a premier Infrastructure company based out of Kolkata, India.