India's G R Infraprojects up as its JV executes contract with NHPC

G R Infraprojects

10/10/2023 05:06

** Shares of G R Infraprojects  GINF.NS  rise as much as
3.2% to 1,230.6 rupees
    ** Stock snaps three consecutive session of falls
    ** Co's joint venture with Patel Engineering executes
contract agreement worth 36.37 bln rupees ($436.96 mln) with
NHPC for construction of civil works
    ** Analysts covering GINF on average have a "buy" rating;
median PT is 1,480 rupees - LSEG data
    ** Stock up 6% YTD, including session's gains



($1 = 83.2350 Indian rupees)

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