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GR Infraprojects share price gains 4% on LoA from NHAI

The Rs 951-crore project involves the construction of Ludhiana-Rupnagar National Highway in Punjab on hybrid annuity mode

October 01, 2021 / 10:36 AM IST
 
 
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GR Infraprojects share price gained over 4 percent intraday on October 1 after the company said it had got a letter of award (LoA) from the National Highways Authority of India (NHAI) for a project in Punjab.

The Rs 951-crore project involves the construction of four/six-lane Ludhiana-Rupnagar National Highway No. NH-205K in Punjab on hybrid annuity mode with the operation period of 15 years from commercial operation date.

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At 1016 hours, GR Infraprojects was quoting at Rs 1,944, up Rs 75.45, or 4.04 percent on the BSE.
Moneycontrol News
first published: Oct 1, 2021 10:36 am

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