G R Infraproject rises on rail project order win

G R Infraprojects

30/01/2025 07:06

** Shares of G R Infraproject  GINF.NS  rise 2.8% to 1,297.1
rupees
    ** The construction and engineering co emerged as lowest
bidder for 38.9 kilometer rail project valued at 2.62 billion
rupees ($30.3 million)
    ** Tender for gauge conversion of the track and associated
works 
    ** Nine analysts covering the stock on avg have a "hold"
rating - data compiled by LSEG 
    ** Stock gained 29% in 2024
     


($1 = 86.5740 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))