GR Infraprojects up 3% after bagging 2 projects in Maharashtra
NEW DELHI: Shares of GR Infraprojects climbed 2.6 per cent in early trade Tuesday as the firm bagged two projects aggregating to Rs 1,744 crore in Maharashtra. The projects will be operated for 15 years from the date of commercial operations.
GR Infraprojects’ scrip rose to a high of Rs 1,488.95 as against Rs 1,451.15 at previous close on the National Stock Exchange.
The company, which recently listed on bourses, has emerged as L-1 bidder for two projects – the four laning of an existing 2-lane stretch from Govindpur to Rajura in Maharashtra, and another four laning of existing 2-lane stretch from Bamni to MH/TG Border in Maharashta in hybrid annuity mode under commercial operation.
