GPT Infra stock hits 10% upper circuit after order win from NHAI

The stock had touched upper circuit Rs26.55 on the BSE.

Jul 03, 2020 02:07 IST India Infoline News Service

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GPT Infraprojects Limited, the flagship company of GPT Group, has bagged an order worth Rs102.80cr from NHAI. The stock had touched upper circuit Rs26.55 on the BSE.

The stock is currently trading at Rs26.55, up by Rs2.4 or 9.94% from its previous closing of Rs24.15 on the BSE.

The scrip opened at Rs26.55 and has touched a high and low of Rs26.55 and Rs26.55 respectively.

The company on June posted a net profit of Rs0.95cr, declined 38.71% in the quarter ended March 2020 as against Rs1.55cr during the previous quarter ended March 2019.

The sales rose 8.28% to Rs187.26cr in the quarter ended March 2020 as against Rs172.94cr during the previous quarter ended March 2019.

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