India's G R Infraprojects sees worst day since end-March on bids annulment

G R Infraprojects

26/09/2023 05:18

** Shares of G R Infraprojects  GINF.NS  slip as much as 5.5% to 1,176.30
rupees, posts worst day since March 28
    ** Infrastructure development co says National Highways Logistics Management
Limited has annulled bids for two ropeway projects GINF had won in February this
year  urn:newsml:reuters.com:*:nFWN3AZ0FX
    ** Shares hit lowest since end-May
    ** About 61,610 shares change hands, 1.1 times the 30-day moving avg
    ** As of YTD, stock up ~5.6%

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))