📈 GPT Infra Share Price Soars by 4.9% to Reach 239 Rupees
On Tuesday, GPT Infra Projects’ shares surged by 4.9% to reach an intraday high of 239 rupees. Behind this rally is a significant order received by the company from the Railway Development Corporation worth 547 crore rupees. Since then, the stock has been on the rise.
🏗️ Order for Elevated Corridor Construction Boosts Stock
The company has been awarded a contract for the construction of Viaduct sections, Upper Road Bridges, and Exit/Entry Ramps, including the construction of NHAI office building and electrification and lighting among various other works. This is for a six-lane elevated corner expressway in West Bengal, covering a seven-kilometer stretch on an Engineering, Procurement, and Construction (EPC) mode.
💰 Order Book Reaches 10,000 Crore Rupees
GPT Infra Projects’ outstanding order book now stands at 10,000 crore rupees, of which 3,646 crore rupees are to be executed by FY2025. The total order flow for FY2025 is 674 crore rupees. The 52-week high price of the stock is 265 rupees, while the 52-week low is 55.72 rupees. The company’s market capitalization is 1,297.24 crore rupees.
📊 Stock Trading at 251 Rupees on Thursday
On Thursday, GPT Infra Projects’ share price was trading at 251 rupees, up by 4.63%. The company is a railway-centric infrastructure company that is actively involved in civil and structural construction projects for railway and road government contracts, especially for large bridges and ROBs.
📈 Impressive Growth in Share Price
Over the past year, GPT Infra Projects’ shares have seen a growth of nearly 300%, significantly increasing investors’ wealth. In comparison, the Nifty 50 Index has recorded a growth of around 17% during the same period.
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