Rs 26,780 crore order book: This civil construction company executes an agreement for an order worth Rs 587.59 crore with East Coast Railway!

The shares of the company gained more than 14 per cent in the last six months.

G R Infraprojects Limited informed in the exchange filing that the company has executed the Engineering Procurement and Construction Agreement with the East Coast Railway. The estimated project cost is Rs 587.59 crore, with a completion period of 72 months days from the appointment date.

The company posted positive Quarterly Results. The revenue of the company for Q4FY23 stood at Rs 2461.12 crore which grew by 2.71 per cent YoY. The operating profit of the company stood at Rs 701.30, while the PAT of the company stood at Rs 389.68 crore which grew by 40.91 per cent.

Incorporated in the year 1995, G R Infraprojects Ltd is an integrated road Engineering, Procurement, and Construction company with experience in the design and construction of various road & highway projects across 15 States in India. It mainly undertakes civil construction projects under the EPC and BOT basis in the road sector.

Today, the stock opened at Rs 1310.00, with a high and low of Rs 1335.40 and Rs 1310.00. The stock is currently trading at Rs 1331.05, up by 1.24 per cent over its previous close of Rs 1314.75. 

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 capitalization of Rs 12,836 crore.