GR Infra Share Price | This share will rise very fast, company order booked became stronger – Hindi News
GR Infra Share Price | Shares of infrastructure company GR Infraprojects Ltd were in focus during trading on Monday. The company's shares rose 2 per cent to an intraday high of Rs 1,703. After that there was some profit recovery. The company has received the order from Maharashtra Metro Rail Corporation Limited, Nagpur. Only after this news, a bumper rise was seen in its shares. (GR Infraprojects Limited Share)
GR Infraprojects informed the stock exchange on Monday, September 23 that it has emerged as the lowest bidder for the second phase of the Nagpur Metro Rail project. “The company has emerged as the lowest bidder for the next tender invited by Maharashtra Metro Rail Corporation Limited, Nagpur (Maha Metro) on September 23, 2024. Shares traded 0.86% lower at Rs 1,653 on Thursday (September 26, 2024) The company said it has received an order worth Rs 903.5 crore for the design and construction of a 1.14 km long elevated metro viaduct. The project, awarded by Nagpur, involves the construction of 79 meter and 100 meter railway spans. The company debuted in the stock market in July 2021. The shares were listed at a premium of 105 per cent to the issue price of Rs 837. The company's shares have risen 33 per cent in the last one year and 45 per cent so far this year.
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