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GPT Infraprojects gains on Rs 216-crore order win

The Kolkata-based infrastructure company has been asked by Maharashtra Rail Infrastructure Development Corporation Limited to build proposed extensions to the Ghatkopar overbridge in Mumbai

January 16, 2023 / 02:36 PM IST
GPT Infra bagged order worth Rs 216 crore from Maharashtra Rail Infrastructure Development Corporation Limited, Mumbai including construction of proposed extensions of Ghatkopar Cable Stayed Road Over Bridge connecting LBS Road junction and Eastern Expressway Junction in Mumbai.

GPT Infra bagged order worth Rs 216 crore from Maharashtra Rail Infrastructure Development Corporation Limited, Mumbai including construction of proposed extensions of Ghatkopar Cable Stayed Road Over Bridge connecting LBS Road junction and Eastern Expressway Junction in Mumbai.

 
 
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GPT Infraprojects stock price jumped over 5 percent in the afternoon session on January 16 after the firm bagged an order worth Rs 216 crore.

The Kolkata-based infrastructure company got a project from Maharashtra Rail Infrastructure Development Corporation Limited for the proposed extensions of the Ghatkopar Cable Stayed Road Over Bridge in Mumbai, the firm said in a BSE filing.

At 2.19 pm, GPT Infraprojects was quoting at Rs 55.35, up Rs 2.35, or 4.43 percent, on BSE. The scrip was trading with volumes of 15,656 shares, compared to its five-day average of 3,874, an increase of 304.09 percent.

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