GPT Infraprojects secures Western Railway signalling contract
pre-market1 source ↓machine-written, see hownot a recommendation
- GPTINFRA close
- ₹125.60
- On the day
- +0.67%
- 52-week high
- ₹150.00
- 52-week low
- ₹96.22
GPT Infraprojects secured a ₹134.11 crore contract from Western Railway’s Ratlam Division through its wholly owned subsidiary Alcon Builders and Engineers, according to a stock exchange filing reported by BW Businessworld on 17 Oct 2026. The contract value is ₹113.65 crore excluding GST and covers signalling works across multiple double-line railway sections.
The project includes survey, design, supply, installation, testing and commissioning of 4-Aspect Automatic Block Signalling, electronic interlocking and dual multi-section digital axle counters at auto huts. It also includes associated alterations to electronic interlocking systems at stations. The works will be executed across the Nagda-Ujjain-Tajpur, Phanda-Sant Hirdaram Nagar, Ujjain-Karchha and Mangliyagaon-Indore sections. 🚆
Awarded contract ₹134.11 cr adds a confirmed railway signalling order to the company’s project pipeline, separate from the ₹149.49 crore Bhavnagar Division opportunity previously reported when the subsidiary was declared the lowest bidder. The Ratlam order covers multiple technical stages, so execution will determine the pace at which the contract contributes to revenue and margins. The signalling scope also reinforces the company’s exposure to railway safety and network-modernisation projects.
OI Charts data showed the stock closing at ₹125.60 on 16 Oct 2026, up 0.7% on the day, with volume of 78,948 shares. It had gained 3.0% over five sessions and 10.6% over 20 sessions. The stock remained below its 52-week high of ₹150.00 recorded on 23 Jun 2026, while the 52-week low stood at ₹96.22 on 30 Mar 2026. 📈
The next market focus is likely to be execution progress, mobilisation and commissioning milestones across the four double-line sections. Investors will also watch further company disclosures on the order book, project timelines and margin profile, alongside confirmation of progress on the earlier Western Railway opportunity. The order supports the broader railway infrastructure and engineering theme, where electronic interlocking and automatic block signalling are being deployed to improve network safety and capacity.
Source: BW Businessworld, 17 Oct 2026
Not investment advice. For informational purposes only.