STOCKWATCH
·
Civil Construction
Deals5 Jun 2024, 03:26 am

GPT Infraprojects Wins Rs. 547 Crore Contract from Rail Vikas Nigam Limited

AI Summary

GPT Infraprojects Limited, a premier infrastructure company based out of Kolkata, has announced that it has bagged an order valued at Rs. 547 Crore from Rail Vikas Nigam Limited. The contract involves the construction of a Six Lane Elevated Kona Expressway from Ch. 0.145 KM to 7.337 KM of NH 117 in the State of West Bengal on EPC mode. The contract does not fall under Related Party Transactions. GPT Infraprojects Limited operates through two segments- Infrastructure and Sleeper, and is an established Railway focused infrastructure player. The company has strong project execution capabilities, healthy financial base, and enviable growth prospects across all areas of operation. The outstanding order book for the Company now stands at Rs. 3,646 Crore.

Key Highlights

  • GPT Infraprojects has won an order valued at Rs. 547 Crore from Rail Vikas Nigam Limited.
  • The contract involves the construction of a Six Lane Elevated Kona Expressway in West Bengal on EPC mode.
  • The contract does not fall under Related Party Transactions.
  • GPT Infraprojects Limited is a premier infrastructure company with strong project execution capabilities and healthy financial base.
  • The company's outstanding order book stands at Rs. 3,646 Crore.
GPTINFRA
Civil Construction
GPT INFRAPROJECTS LTD.

Price Impact