Hot Pursuit     13-Jul-23
G R Infraprojects gains on bagging LoA from MRTH
G R Infraprojects rose 1.29% to Rs 1,348.90 after the company received letter of award (LoA) from Ministry of Road Transport and Highways (MRTH) to construct highway in Uttar Pradesh.
The project includes construction of four lane highway from Baranpu Kadipur Ichauli to Rampuriya Awwal in Uttar Pradesh on hybrid annuity mode.

The bid project cost is Rs 737.17 crore. The project will be completed within 730 days from appointed date and operation period is 15 years from the commercial operation date.

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

The company's consolidated net profit jumped 40.9% to Rs 389.68 crore on 2.7% rise in revenue from operations to Rs 2,461.96 crore in Q4 FY23 over Q4 FY22.

Previous News
  G R Infraprojects successfully bids for two road projects of MSRDC
 ( Corporate News - 21-May-24   18:06 )
  G R Infra announces completion of Madhya Pradesh projects
 ( Hot Pursuit - 27-Dec-22   10:52 )
  G R Infra gains on inking concession agreements worth Rs 1,457 cr
 ( Hot Pursuit - 30-Aug-23   10:11 )
  G R Infraprojects successfully bids for transmission project in Madhya Pradesh
 ( Corporate News - 01-Jan-24   16:48 )
  G R Infraprojects update on NHAI road project in Gujarat
 ( Corporate News - 05-Jan-23   10:08 )
  G R Infraprojects completes highway upgradation project in Uttar Pradesh
 ( Corporate News - 10-Jan-24   14:17 )
  G R Infraprojects completes road project in Madhya Pradesh
 ( Corporate News - 26-Dec-22   18:05 )
  G R Infraprojects receives LoA for road construction project in Punjab
 ( Hot Pursuit - 23-Sep-21   14:27 )
  Indices turn rangebound; metal shares slide; VIX rises 3.93%
 ( Market Commentary - Mid-Session 04-Sep-24   12:36 )
  G R Infraprojects receives appointed date for two NHAI projects
 ( Corporate News - 10-Jan-22   18:44 )
  Volumes soar at Rajesh Exports Ltd counter
 ( Hot Pursuit - 13-Jun-22   14:30 )
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