Heavy buying and Rs 3,646 crore order book: Back-to-back upper circuit in this multibagger stock; gains over 380 per cent!

Shares of the company gained more than 120 per cent in the last six months.

Shares of GPT Infraprojects Limited were locked in the upper circuit on Tuesday, gaining 5.00 per cent. The stock has witnessed heavy buying activity from investors in the last few days. Hence, the stock is locked in the upper circuit. In the last six months, the stock has delivered more than 120 per cent returns.

Last month, GPT Infraprojects Limited secured a significant project worth Rs. 547 crores from Rail Vikas Nigam Limited. This contract involves the construction of an elevated corridor viaduct, ROBs (excluding steel spans), ramps, underpasses, and culverts. Additionally, the project includes the construction of an NHAI office building and other miscellaneous works, including electrification and lighting. This win strengthens GPT's order book, which now stands at Rs. 3,646 crores. It also contributes to a total order inflow of Rs. 674 crores for the fiscal year 2025. This project highlights GPT's expertise in undertaking large-scale infrastructure projects in India.

The company also posted robust results in Q4FY24. The revenue of the company for Q4FY24 stood at Rs 295.01 crore which increased by 10.03 per cent YoY. The operating profit of the company stood at Rs 35.54 crore, while the PAT of the company stood at Rs 15.08 crore which increased by 40.51 per cent from FY23.

GPT Infraprojects Limited, the flagship company of GPT Group, is a premier infrastructure company based out of Kolkata. It is focused on Railways and executes civil and infrastructure projects, especially large bridges and ROBs for Railways. The stock has also delivered multibagger returns of about 380 per cent in the last three years.

The stock has shown tremendous growth and investors should keep a close eye on this stock.

Disclaimer: The article is for informational purposes only and not investment advice.