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GRINFRA — G R Infraprojects News Story

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India's G R Infra hits over a month-high after Q1 profit boost

BUZZ-India's G R Infra hits over a month-high after Q1 profit boost

** Shares of G R Infraprojects GINF.NS rise about 3% to 915 rupees, their highest level since June-end

** Infrastructure firm's Q1 consol PAT jumps 46% Y/Y; rev up 40%

** Engineering procurement and construction revenue more than tripled Y/Y, driving overall revenue growth

** More than 65,000 shares traded so far, 4x 30-day avg

** Stock rated "buy" on avg by nine analysts; median PT 1,207 rupees - data compiled by LSEG

** Stock down about 9% YTD


(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))

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