India's GR Infraprojects up on getting projects worth $522.1 mln

G R Infraprojects

22/05/2024 07:37

** Shares of GR Infraprojects  GINF.NS  up 3.5% at 1,624.75
rupees
    ** Engineering and construction co says it got two projects
worth 19.97 bln rupees ($239.9 mln) and 23.49 bln rupees ($282.2
mln)
    ** GINF rated "hold" on avg, rival HG Infra Engineering
 HGIN.NS  rated "strong buy" - LSEG data
    ** YTD, GINF and HGIN up ~42% and ~87%, respectively 

($1 = 83.2300 Indian rupees)

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))