GPT Infraprojects bags order worth Rs173 crore; Stock down 1%

14 Sep 2022 , 09:16 AM

GPT Infraprojects Limited (GPT) informed on Tuesday the company has bagged an order valued at Rs173 crore.

As per the regulatory filing, the order is secured from Office of Dy Ce/c, Northern Railway for the project of “Doubling of Railway Track between Ludhiana and Kila Raipur (17.174 Km) including 25 kV High Rise OHE Railway Electrification and Signaling & Telecommunication works on EPC (Engineering Procurement & Construction) mode.”

Further, this Contract is in Joint Venture in which company’s share is 51%, said GPT Infraprojects.

On Wednesday early morning trade, GPT Infraprojects Ltd is currently trading at Rs113.80 per share down by Rs1.4 or 1.22% from its previous closing of Rs115.20 per share on the BSE.

The scrip hit 52-week high at Rs115.20 per share on September 13, 2022.

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