G R Infra surges after concession agreement with NHAI

03 Jun 2022 CW Team

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

Infrastructure Transport

14 Oct 2025

Versova-Dahisar Coastal Road Project to Impact 1,200 Trees

The Versova-Dahisar Coastal Road Project in Mumbai will affect over 1,200 trees, according to the Brihanmumbai Municipal Corporation (BMC). Of these, 990 trees will be replanted, while the remaining will be cut down due to construction requirements. The project, which forms a key extension of the on-going Mumbai Coastal Road corridor, aims to ease traffic congestion in the western suburbs and enhance north-south connectivity along the city’s coastline. The BMC has assured that replantation efforts will be carried out in designated areas to maintain ecological balance and offset the environm..

New Entry-Exit Planned on Vadodara–Mumbai Expressway near Ankleshwar

The Vadodara–Mumbai Expressway is set to get a new entry and exit point near Ankleshwar, aimed at improving regional connectivity and reducing travel time for commuters in south Gujarat. The new interchange, proposed by the National Highways Authority of India (NHAI), will offer smoother access to nearby industrial and residential areas. The project forms part of the Bharatmala Pariyojana initiative, designed to strengthen India’s expressway network and boost economic corridors. Once operational, the new interchange is expected to enhance logistics efficiency by offering improved freight..

PMRDA Launches Rs 5,580 Mn Road Upgrade Plan to Ease Chakan Traffic

The Pune Metropolitan Region Development Authority (PMRDA) has launched Rs 5,580 million road infrastructure upgrade plan to address severe traffic congestion in the Chakan industrial region. The initiative aims to improve connectivity between Pune and major industrial hubs, including Talegaon, Moshi, and Alandi. Under the plan, PMRDA will widen existing roads, construct new link roads, and improve junctions across the Chakan–Talegaon and Moshi-Alandi corridors. These measures are expected to streamline the movement of goods and workers, benefiting the area are automotive and manufacturing ..