GPT Infra Soars 4% on Winning ₹547 Crore RVNL Contract!

GPT Infraprojects experienced a surge of over four percent in its share value during early trading on June 5, following the announcement of a significant order acquisition worth Rs 547 crore from Rail Vikas Nigam.

This substantial order encompasses the construction of various components, including the viaduct portion of the elevated corridor, road over bridges (ROBs), and exit/entry ramps, underscoring the breadth and scope of the project.

As of 9:15 am, shares of GPT Infraprojects were trading at Rs 240.9 on the NSE, marking a notable increase of 4.35 percent compared to the previous session. This uptick reflects investors' confidence in GPT Infraprojects' ability to secure and execute large-scale infrastructure projects effectively.

News by Rahul Yelligetti