G R Infraprojects wins ₹1,897 crore railway project
after close1 source ↓written by the desknot a recommendation
- railway project
- ₹1,897.51 crore
- of new railway
- 41 km
- under the EPC
- 900 days
- from its 52-week
- 13%
- per share
- ₹883.35
G R Infraprojects Limited has emerged as the lowest bidder for a ₹1,897.51 crore railway project in Madhya Pradesh, part of the Sidhi-Singrauli new rail link. The project includes 41 km of new railway line construction and is expected to be completed in 900 days under the EPC model. This win adds to the company's robust order book of ₹20,255 crore.
The successful bid may enhance investor sentiment, as the stock has already risen 13% from its 52-week low of ₹883.35 per share.
Not investment advice. For informational purposes only.