From Rs 30 to Rs 115: This multibagger stock below Rs 150 has touched a fresh 52-week high today
The company has delivered 283.36 per cent returns in two years.
GPT Infraprojects Limited, the flagship company of the GPT Group is a premier Infrastructure company based out of Kolkata, India engaged in the execution of civil and infrastructure projects and the manufacture of concrete sleepers for Railways. The entity has strong project execution capabilities, a healthy financial base, and enviable growth prospects across all areas of operation.
GPT Infraprojects has bagged an order valued at Rs 173 crore from Northern Railway. The order is for the doubling of the railway track between Ludhiana and Kila Raipur (17.174 Km) including 25 kV high rise OHE railway electrification and signalling & telecommunication works on Engineering Procurement & Construction (EPC) mode. The following contract is in a joint venture in which the company has a 51 per cent stake.
The BSE group 'B' stock opened at Rs 114.95 and touched a fresh 52-week high of Rs 129.95 on September 14, 2022, and a 52-week low of Rs 66.80 on November 15, 2021. The company is currently trading at Rs. 122.95, up by 7.75 points or 6.73 per cent from its previous closing of Rs 115.20 on the BSE.