+
G R Infra surges after concession agreement with NHAI
ROADS & HIGHWAYS

G R Infra surges after concession agreement with NHAI

G R Infraprojects is now trading at Rs 1415 on the BSE which is higher by 1.17% or 16.30 points from the previous closing of Rs 1398.70.

The scrip had opened at Rsb1400 and surged to a high and low of Rs 1420.00 and Rs 1400, respectively. The BSE group, ‘B’ stock, the face value of Rs 5 has witnessed a 52-week high of Rs 2277 on 25th October 2021 and a 52-week low of Rs 1249.70 on7th March 2022.

The scrip’s last one week high and low was Rs 1440 and Rs 1321.30 respectively. Their current market cap is Rs. 13700.83 crore. The promoters’ holding in the company is 86.54%. The Institutions and Non-Institutions are 10.05% and 3.41% respectively.

GR Bhimasar Bhuj Highway, the wholly-owned subsidiary of G R Infraprojects, on May 30, 2022executed the concession agreement with the National Highways Authority of India (NHAI).

The company completed the concession agreement for four-lane up-gradation with Paved Shoulder of NH-34, Bhimasar, Junction of NH-41 to Anjar, Bhuj up to theAirport Junction. Km 0.000 to Km 65 .478 in Gujarat based on Hybrid Annuity Model.

The bid project cost for the same is Rs 1,085 crore. The project needs to be completed within 910 days from the appointed date and the operation period given is 15 years from the date of commercial operation.

G R Infraprojects, an integrated road EPC company has experience in the design and construction of several road and highway projects in the country.

Image Source

G R Infraprojects is now trading at Rs 1415 on the BSE which is higher by 1.17% or 16.30 points from the previous closing of Rs 1398.70. The scrip had opened at Rsb1400 and surged to a high and low of Rs 1420.00 and Rs 1400, respectively. The BSE group, ‘B’ stock, the face value of Rs 5 has witnessed a 52-week high of Rs 2277 on 25th October 2021 and a 52-week low of Rs 1249.70 on7th March 2022. The scrip’s last one week high and low was Rs 1440 and Rs 1321.30 respectively. Their current market cap is Rs. 13700.83 crore. The promoters’ holding in the company is 86.54%. The Institutions and Non-Institutions are 10.05% and 3.41% respectively. GR Bhimasar Bhuj Highway, the wholly-owned subsidiary of G R Infraprojects, on May 30, 2022executed the concession agreement with the National Highways Authority of India (NHAI). The company completed the concession agreement for four-lane up-gradation with Paved Shoulder of NH-34, Bhimasar, Junction of NH-41 to Anjar, Bhuj up to theAirport Junction. Km 0.000 to Km 65 .478 in Gujarat based on Hybrid Annuity Model. The bid project cost for the same is Rs 1,085 crore. The project needs to be completed within 910 days from the appointed date and the operation period given is 15 years from the date of commercial operation. G R Infraprojects, an integrated road EPC company has experience in the design and construction of several road and highway projects in the country. Image Source

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code