Hot Pursuit     03-Jul-24
GPT Infraprojects hits 52-week high after board to mull fund raising plan
GPT Infraprojects advanced 1.72% to Rs 148.20 after the company’s board will meet on Friday, 05 July 2024 to consider raising funds by way of issuance of equity shares or other securities through various modes.
The company will raise funds by issue of equity shares or other securities including through preferential issue, qualified institutional placement, rights issue, or through any other permissible mode or a combination thereof, subject to such statutory/ regulatory approvals as may be required, including approval of shareholders of the company, as applicable.

GPT Infraprojects is the flagship company of GPT Group and is a premier infrastructure company based out of Kolkata. The company operates through two business divisions — infrastructure and sleepers. The company is engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In sleepers, the company manufactures and supplies concrete sleeper for Railways in India and Africa.

The company’s consolidated net profit increased 55.67% to Rs 16.19 crore on 10.03% rise in revenue from operations to Rs 295 crore in Q4 FY24 over Q4 FY23.

The scrip hit an 52-week high at Rs 152 in intraday today. 

Previous News
  GPT Infraprojects to declare Quarterly Result
 ( Corporate News - 22-Jan-24   10:58 )
  GPT Infraprojects announces board meeting date
 ( Corporate News - 27-Jul-21   18:33 )
  GPT Infra hits on roof as arm wins order worth Rs 123-cr
 ( Hot Pursuit - 26-Dec-22   13:26 )
  GPT Infraprojects consolidated net profit rises 19.43% in the December 2021 quarter
 ( Results - Announcements 31-Jan-22   16:22 )
  GPT Infraprojects standalone net profit rises 124.69% in the September 2019 quarter
 ( Results - Announcements 13-Nov-19   12:45 )
  GPT Infraprojects consolidated net profit rises 144.75% in the September 2023 quarter
 ( Results - Announcements 08-Nov-23   15:17 )
  GPT Infraprojects receives revision in credit ratings from CARE
 ( Corporate News - 27-Dec-19   09:52 )
  GPT Infraprojects surges on order win worth Rs 188 cr
 ( Hot Pursuit - 23-Dec-21   09:45 )
  GPT Infra spurts on bagging Rs 118 cr order from Northeast Frontier Railway
 ( Hot Pursuit - 24-Mar-22   12:10 )
  GPT Infraprojects spurts on bonus issue plan
 ( Hot Pursuit - 18-May-17   14:18 )
  GPT Infraprojects JV bags order worth Rs 159.81 crore
 ( Corporate News - 26-Nov-18   09:47 )
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