GR Infraprojects gains as its arm executes concession agreement with Shri Mata Vaishno Devi Shrine Board
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GR Infraprojects is currently trading at Rs. 1204.00, up by 20.65 points or 1.75% from its previous closing of Rs. 1183.35 on the BSE.
The scrip opened at Rs. 1204.40 and has touched a high and low of Rs. 1231.00 and Rs. 1184.50 respectively. So far 6697 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1381.60 on 07-Aug-2023 and a 52 week low of Rs. 930.00 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 1236.30 and Rs. 1173.95 respectively. The current market cap of the company is Rs. 11641.36 crore.
The promoters holding in the company stood at 79.74%, while Institutions and Non-Institutions held 16.44% and 3.82% respectively.
GR Infraprojects’ wholly owned subsidiary -- GR Tarakote Sanjichhat Ropeway has executed the concession agreement with Shri Mata Vaishno Devi Shrine Board, Katra (J&K) on February 20, 2024 for Design, Engineering, Construction, Development, Finance, Operation & Maintenance of Passenger Ropeway between Tarakote & Sanjichhat at Katra (J&K), on BOOT Basis. The estimated project cost is Rs 200 crore.
GR Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across many States in India.
