Gr Infraprojects Shares Gain On Order Win From Bsnl, Check Details 

Shares of GR Infraprojects Ltd roseate complete 3% coming aft nan institution received an beforehand activity bid (awo) from Bharat Sanchar Nigam Limited (BSNL). BSNL connected behalf of nan section of telecom (dot) awarded nan important infrastructure task nether nan Bharatnet inaugural contract, weighted astatine astir Rs 1,257.29 crore

G R Infraprojects banal roseate 3.52% to Rs 1110 connected Tuesday connected BSE. Market headdress of nan patient stood astatine Rs 10,525 crore. 

A full of 2080 shares of nan patient changed hands amounting to a turnover of Rs 22.79 lakh. 

G R Infraprojects shares person a beta of 1, indicating mean volatility successful a year.

In position of technicals, nan comparative spot scale (RSI) of nan G R Infraprojects banal stands astatine 50.6, signaling it's trading neither successful nan overbought nor successful nan oversold zone.

"The co has received an beforehand activity bid (awo) from bharat sanchar nigam constricted (bsnl), acting connected behalf of nan section of telecom (dot), for a important infrastructure task nether nan bharatnet inaugural contract, weighted astatine astir Rs 1,257.29 crore," said nan firm. 

The clip play by which nan bid will beryllium completed is 3 Years Execution + 7 Years O&M. The task will beryllium built successful Design Build Operate and Transfer (DBOT) Mode. In nan December 2023 quarter, GR Infraprojects reported a 7.8% year-on-year (YoY) summation successful nett profit astatine Rs 261.7 crore. In nan corresponding 4th of nan erstwhile fiscal, GR Infraprojects reported a nett profit of Rs 242.7 crore, nan institution said. The company's operational gross dropped by 20.6%, amounting to Rs 1,694.5 crore, compared to Rs 2,134 crore during nan aforesaid play past year. Additionally, EBITDA saw a important diminution of 27.1%, coming successful astatine Rs 369.8 crore successful nan 3rd 4th of this fiscal year, down from Rs 507.6 crore successful nan balanced 4th of nan erstwhile year.

Incorporated successful 1995, GR Infraprojects is engaged successful building of infrastructure accommodation connected Engineering, Procurement and Construction (EPC) and Built, Operate and Transfer (BOT) basis. The institution undertakes building and attraction of roads, bridges, highways and various civilian infrastructure projects.

Published on: May 6, 2025 9:41 AM IST