Hot Pursuit     22-Mar-22
G R Infraprojects gains on winning bid worth Rs 907 cr from NHAI
G R Infraprojects rose 1.59% to Rs 1,450.10 after the company emerged as L-1 bidder in financial bid opening as on 21 March 2022 from National Highways Authority of India (NHAI).

The project contruction entails the 4-laning of Ujjain Badnawar section from 26.9 km to 96 km (length - 69.1 km) in Madhya Pradesh on Hybrid Annuity Mode (HAM) worth Rs 907 crore. The project is expected to be completed within 730 days from the appointment date. The operational period will be 15 years from the commercial operation date.

G R Infraprojects' consolidated net profit slumped 65.4% to Rs 146.44 crore on a 20% drop in net sales to Rs 1,979.70 crore in Q3 December 2021 over Q3 December 2020.

G R Infraprojects is an integrated road engineering, procurement and construction (EPC) company largely focused on road sector. The company have also recently diversified into projects in the railway sector.

Previous News
  Indices turn rangebound; metal shares slide; VIX rises 3.93%
 ( Market Commentary - Mid-Session 04-Sep-24   12:36 )
  GR Infraprojects to declare Quarterly Result
 ( Corporate News - 26-Jul-24   16:19 )
  G R Infraprojects wins project of Maharashtra Metro Rail Corporation, Nagpur
 ( Corporate News - 23-Sep-24   18:54 )
  Nifty below 16,950 mark ; media stocks decline
 ( Market Commentary - Mid-Session 28-Mar-23   14:33 )
  G R Infraprojects gains on bagging LoA from MRTH
 ( Hot Pursuit - 13-Jul-23   13:20 )
  G R Infra emerges L-1 bidder for two projects in Karnataka
 ( Hot Pursuit - 28-Mar-23   13:22 )
  NHAI withdraws LoA awarded to G R Infraprojects
 ( Corporate News - 16-May-24   13:09 )
  GR Infraprojects to hold board meeting
 ( Corporate News - 10-May-23   17:22 )
  G R Infraprojects secures NHAI road projects worth Rs 1613 cr
 ( Corporate News - 28-Mar-23   14:42 )
  G R Infraprojects IPO subscribed 5.75 times
 ( IPO Centre - IPO News 08-Jul-21   17:25 )
  G R Infra rises as arm inks agreement with NHAI
 ( Hot Pursuit - 17-Jan-24   15:32 )
Other Stories
  Avantel Q2 PAT jumps 42% YoY to Rs 23 cr
  05-Oct-24   17:03
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
Back Top