On Monday, shares of G R Infraprojects Ltd plunged 1.07 per cent to Rs 1,132 per share with an intraday high of Rs 1,195 and an intraday low of Rs 1,120. The stock had a 52-week high of Rs 1,381 and a 52-week low of Rs 930.

Over the medium term, the group intends to invest capex of Rs 350 crore, of which approximately Rs 200 crore will be funded by bank loans and the remainder by the issuing of warrants, preferential allotment, and internal accruals. In FY23, the company made its largest-ever capital expenditure investment of Rs 212 crores.

In just 6 months, the shares of the company gave multibagger returns of 135.58 per cent.