GR Infraprojects shines on receiving LoA from Maharashtra Metro Rail Corporation
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GR Infraprojects is currently trading at Rs. 1694.75, up by 59.80 points or 3.66% from its previous closing of Rs. 1634.95 on the BSE.
The scrip opened at Rs. 1708.50 and has touched a high and low of Rs. 1730.00 and Rs. 1685.00 respectively. So far 5576 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. 1730.00 and Rs. 1551.85 respectively. The current market cap of the company is Rs. 16394.28 crore.
The promoters holding in the company stood at 74.74%, while Institutions and Non-Institutions held 21.90% and 3.36% respectively.
GR Infraprojects has received Letter of Acceptance (LoA) dated October 9, 2024 from Maharashtra Metro Rail Corporation (Nagpur Metro Rail Project) for Design and Construction of Elevated Metro Viaduct of length 17.624 km between Ch. 21256.814 to Ch. 38881.7 including Railway spans of length 79m & 100m and a 6- lane Double decker portion with Vehicular Underpass (VUP) from Ch. 25755.211 to Ch. 26895.211 for a total length of 1.14 km in Reach-1A of NMRP Phase-2. Bid Project Cost is Rs 903.53 crore. Construction period is 30 months.
GR Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across many States in India.
