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GPT Infraprojects gains on bagging order worth Rs 129 crore

  • Feb-14-2018
  • 13 Hrs IST

GPT Infraprojects is currently trading at Rs. 194.05, up by 2.20 points or 1.15% from its previous closing of Rs. 191.85 on the BSE.

The scrip opened at Rs. 188.25 and has touched a high and low of Rs. 203.90 and Rs. 188.25 respectively. So far 7,729 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 247.25 on 16-Jan-2018 and a 52 week low of Rs. 101.30 on 02-Mar-2017.

Last one week high and low of the scrip stood at Rs. 203.90 and Rs. 174.65 respectively. The current market cap of the company is Rs. 564.41 crore.

The promoters holding in the company stood at 74.77%, while Institutions and Non-Institutions held 3.64% and 21.59% respectively.

GPT Infraprojects (GPT) has bagged an order worth Rs 129 crore from Eastern Railways. The order is for the construction of new important rail bridge number 340 on Sub Structure with the well foundation and pile foundation and supply, assembly, fabricating and launching of open web steel and plate girder over feeder canal between Ahiron and Sujinipara including earthwork in connection with doubling work between Monigram - Nimtita of Eastern Railway. The project completion period is 24 months.

GPT Infraprojects, the flagship company of GPT Group, is a premier infrastructure company based out of Kolkata. GPT, incorporated in 1980, operates through two business divisions - Infrastructure and Sleepers.