GR Infraprojects shares rise over 4% on winning Rs 1,457 crore contract

Shares of G R Infraprojects rose over 4% to Rs 1,425 in Wednesday’s trade on BSE after the firm’s arms executed a concession agreement with the National Highways Authority of India (NHAI).

GR Belgaum Raichur (PACKAGE‐5) Highway Private Limited and GR Belgaum Raichur (PACKAGE‐6) Highway Private Limited, wholly owned subsidiaries of the company, have executed the concession agreement for projects worth Rs 1,457.24 crore with the NHAI on August 29, 2023.