Capitaline

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 consolidated net profit rises 26.81% in the June 2024 quarter
( Results - Announcements 31-Jul-24 15:14 )

GPT Infraprojects standalone net profit rises 72.36% in the March 2021 quarter
( Results - Announcements 21-Jun-21 16:23 )

GPT Infraprojects consolidated net profit rises 169.64% in the June 2021 quarter
( Results - Announcements 03-Aug-21 15:15 )

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 declines 21.34% in the December 2020 quarter
( Results - Announcements 05-Feb-21 18:04 )

GPT Infra announces increase of Rs 103 cr in value of existing contracts
( Corporate News - 19-Jul-24 10:47 )

GPT Infraprojects consolidated net profit rises 31.12% in the September 2019 quarter
( Results - Announcements 13-Nov-19 12:31 )

Board of GPT Infraprojects recommends second interim dividend
( Corporate News - 31-Jan-24 10:07 )

GPT Infraprojects to pay interim dividend
( Market Beat - Reports 09-Feb-18 09:13 )

GPT Infraprojects standalone net profit declines 67.11% in the March 2019 quarter
( Results - Announcements 01-Jun-19 13:35 )

GPT Infraprojects fixes record date for interim dividend
( Market Beat - Reports 01-Feb-22 18:01 )