Rs 26,780 crore order book: This civil construction company bags new orders worth Rs 737.17 crore!

Rs 26,780 crore order book: This civil construction company bags new orders worth Rs 737.17 crore!

Praveenkumar Yadav
/ Categories: Trending, Mindshare

Shares of the company gained more than 9 per cent in the last six months.

G R Infraprojects Limited informed in the exchange filing that the company has received new orders worth Rs 737.17 crore with a completion period of 730 days and an operational period of 15 years. The order is for the construction of a four-lane highway from Km 74.700 to Km 112.950 (Baranpur Kadipur Ichauli to Rampuriya Awwal) of NH‐731A (i/c Yamuna Bridge) in the State of Uttar Pradesh on Hybrid Annuity Mode.

G R Infraprojects Ltd is an integrated road Engineering, Procurement, and Construction company (EPC) with experience in the design and construction of various road & highway projects across 15 States in India.

On Friday, the stock opened at Rs 1305.25, with a high and low of Rs 1346.00 and Rs 1305.25. The stock closed at Rs 1325.60, down by 0.30 per cent over its previous close of Rs 1329.60.  

In the last 6 months, the shares of the company have given about 9.36 per cent returns. However, on a YTD basis, the stock gained about 12 per cent.

The stock has a 52-week high of Rs 1444.75 and a 52-week low of Rs 930.00. The company has a ROCE of 21.7 per cent and an ROE of 26.3 per cent, with a market capitalisation of Rs 12,794 crore.

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