GPT Infraprojects zooms as its JV emerges as L1 for contract from MCGM, Mumbai
GPT Infraprojects is currently trading at Rs. 108.75, up by 5.35 points or 5.17% from its previous closing of Rs. 103.40 on the BSE.
The scrip opened at Rs. 106.60 and has touched a high and low of Rs. 110.75 and Rs. 106.60 respectively. So far 30212 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 150.00 on 26-Dec-2024 and a 52 week low of Rs. 84.75 on 05-Mar-2025.
Last one week high and low of the scrip stood at Rs. 117.65 and Rs. 97.80 respectively. The current market cap of the company is Rs. 1366.00 crore.
The promoters holding in the company stood at 69.22%, while Institutions and Non-Institutions held 10.74% and 20.04% respectively.
GPT Infraprojects’ Joint Venture (JV) -- RPS-GPT has been declared L1 (First Lowest) in order valued at Rs 1,739.49 crore from Municipal Corporation of Greater Mumbai (MCGM), Mumbai, for construction of flyover along LBS Marg from Kalpana Talkies Kurla (L ward) to Pankhe Shah Dargah Ghatkopar West (N Ward) of Eastern Suburbs.
This contract is in Joint Venture wherein its share is 26% i.e. Rs 452.27 crore out of the total Rs 1,739.49 crore.
GPT Infraprojects, the flagship company of the GPT Group is a premier Infrastructure company based out of Kolkata, India.
