GPT Infraprojects shares gain 3% on bagging Rs 135-crore order

The share price of GPT Infraprojects gained 3 percent in the early trade on March 7 after a joint venture company bagged a Rs 135-crore order.

At 9:28am, GPT Infraprojects was quoting Rs 179.20, up Rs 6.50, or 3.76 percent, on the BSE.

North Central Railway, Agra, Uttar Pradesh has awarded the order for earthwork in embankment and cutting including blanketing, construction of minor bridges, subways, side drains, toe walls, P Way Track linking, transportation of P Way material, supply and stacking of ballast, leading out of ballast, AT welding and other ancillary works between Ch.28600.00 m to 69700 m in connection with DHO-SRMT GC work under North Central Railway, Agra, UP, company said in its release.

In February, the company received an order worth Rs 114 crore from East Central Railway Mahendrughat, Patna, Bihar.

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The share touched a 52-week high of Rs 209.85 and a 52-week low of Rs 42.65 on 04 March, 2024 and 28 March, 2023, respectively. Currently, the stock is trading 14.61 percent below its 52-week high and 320.16 percent above its 52-week low. The company share price jumped more than 250 percent in the last one-year.