GPT Infraprojects zooms on bagging order worth Rs 487 crore
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GPT Infraprojects is currently trading at Rs. 185.55, up by 14.25 points or 8.32% from its previous closing of Rs. 171.30 on the BSE.
The scrip opened at Rs. 174.75 and has touched a high and low of Rs. 199.00 and Rs. 169.30 respectively. So far 23939 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. 47.05 on 27-Apr-2023.
Last one week high and low of the scrip stood at Rs. 199.00 and Rs. 168.30 respectively. The current market cap of the company is Rs. 988.63 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 5.25% and 19.75% respectively.
GPT Infraprojects (GPT) has bagged order worth Rs 487 crore for construction of new BG line from chainage 52500 to 83200 in Solapur-Osmanabad section of Solapur Division of Central Railway. This contract is in Joint Venture with GPT’s share being 26%.
Earlier, the company had bagged order worth Rs 135 crore from North Central Railway, Agra, Uttar Pradesh.
GPT Infraprojects, the flagship company of the GPT Group is a premier Infrastructure company based out of Kolkata, India.
