GPT Infra builds up

about 5 days ago
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GPT Infraprojects is a Kolkatta based company engaged in building infra, especially large bridges and Road over Bridges (ROBs) for Railways.

The stock price is buzzing today after the company bagged an order worth Rs.292 crore from the Railways on Odisha.

This is for building Viaducts, Major Bridges, ROBs, supply of Vehicle, site facilities & other allied works in between Buguda - Baniguchha section.

It is also buiding a ROB between Nuagaon - Daspalla section of East Coast Railway for Khurda Road - Bolangir New B. G. Link Project. 

Last week, the company announced the setting up a new subsidiary at Republic of Ghana for manufacture of concrete sleepers.

The stock price rose 19% to Rs.87.50, which is not too far from its 20% UC of the day at Rs.88.30. Volumes were up 5x.

80.45 (+1.20)

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