G R Infraprojects share price rises after ₹290 crore order win

G R Infraprojects share price rises after ₹290 crore order win

Market Performance

  • G R Infraprojects share price opened up 1.56% at ₹1,297.55 at 09:20 am on July 25, gaining ₹19.90 on the BSE.
  • 52-week range:
    • High: ₹1,809.00 (August 1, 2024)
    • Low: ₹902.05 (March 17, 2025)
  • The stock is 28.27% below its 52-week high and 43.84% above its 52-week low.
  • Market capitalisation: ₹12,552.54 crore.

Main News: Lowest Bidder for Jharkhand Road Project

G R Infraprojects share price climbed after the company was declared the lowest (L-1) bidder for a major EPC road project in Jharkhand.

Order specifics (as disclosed):

  • Project: Construction of Giridih Bypass (towards Tundi)
  • Executing authority: State Highway Authority of Jharkhand
  • Total length: 26.672 km
  • Contract value: ₹290.23 crore
  • Completion timeline: 24 months from the appointed date

Company Snapshot

  • Market cap: ₹12,552.54 crore
  • Price action today: +1.56% at the open
  • Position vs 52-week levels:
    • 28.27% below the 52-week peak
    • 43.84% above the 52-week trough

Why the Street Is Watching?

The G R Infraprojects share price reacted to the company clinching the L-1 status on a sizeable ₹290+ crore road contract, reinforcing its execution pipeline and visibility over the next 24 months. The clear numerical uptick and the order's scale offered immediate traction in early trade.

Summary

  • G R Infraprojects share price gained 1.56% to ₹1,297.55 in early deals on July 25.
  • The company is L-1 for a ₹290.23 crore, 26.672 km Giridih Bypass EPC project in Jharkhand, to be completed in 24 months.
  • The stock trades 28.27% below its 52-week high and 43.84% above its 52-week low; market cap stands at ₹12,552.54 crore.

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