With a market cap of Rs 340 crore, this company has an order book of more than Rs 2400 crore!
On January 20, 2023, the company, announced that it has bagged an order value of Rs 270 crore from Bridge and Roof company
On Tuesday, GPT Infraprojects surged more than 2.7 per cent to make an intraday high of Rs 61. The scrip witnessed a spurt in volume by more than 2.19 times and closed 2.11 per cent down to Rs 58.10.
On January 20, 2023, the company, announced that it has bagged an order value of Rs 270 crore from Bridge and Roof company, a Government of India Enterprise for construction of rail flyover. With this, the company has orders worth approximately Rs 2471 crore in hand including cumulative order inflow of Rs 1125 crore in the current financial year.
GPT Infraprojects Limited, the flagship company of GPT Group, is a premier infrastructure company based out of Kolkata. GPT, incorporated in 1980, operates through two business divisions - infrastructure and sleepers. The company made inroads into the infrastructure segment in 2004 and is now an established railway focused player. The company is engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways.
On January 24, 2023, the company announced that a meeting of the Board of Directors is scheduled to be held on Tuesday, January 31, 2023, to consider and approve the declaration of interim dividend on the equity share capital of the company.
The stock has shown positive performance as it has surged more than 49 per cent in 1 year and more than 38 per cent in 6 months. Keep a close eye on this trending stock.