Rs 2,288 crore order book and 600 per cent returns: This multibagger civil construction company bags largest order worth Rs 739 crore!

Shares of the company have gained about 130 per cent in the last six months.

GPT Infraprojects Limited informed in the exchange filing that the company has bagged the largest single order in its history, valued at Rs 739 crore. The order is for the construction of a new 4-lane Prayagraj southern bypass from design km. 43.200 (near Mahuari) to design km. 50.860 (near Nababa urf Nibi Kala Uparhar) (design length 7.660 km) Package-2 under Phase-I on NH-19 in the state of UP under Bharatmala on EPC mode.

GPT Infraprojects Limited, the flagship company of GPT Group, is a premier infrastructure company based out of Kolkata. GPT, incorporated in 1980, GPT is the flagship company of GPT Group, based out of Kolkata. GPT, a premier infrastructure company, operates through two segments– Infrastructure and Sleeper.

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The company made inroads into the infrastructure segment in 2004 and is now an established Railway focused player, engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In the Sleeper segment, the company manufactures and supplies concrete sleepers for Railways in India and Africa.

The outstanding order book for the company now stands at approximately Rs 2,838 crore with a total order inflow for Fiscal 2024 of Rs 1,019 crore. In the last three years, the shares of the company have delivered multibagger returns of over 600 per cent returns.

Investors should keep a close eye on this stock.

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