India's GPT Infraprojects jumps on Ghana order win

GPT Infraprojects

26/12/2022 07:40

** Shares of GPT Infraprojects  GPTI.NS  rise as much as
19.9% to 53.25 rupees, marking sharpest intraday pct gain since
Sept. 30
    ** Stock snaps five successive sessions of losses
    ** Infrastructure company says its Ghana unit, RMS GPT Ghana
Ltd, has won order worth ~1.23 billion rupees ($14.87 million)
    ** Order is for manufacture and supply of 130,000 sets of
standard gauge pre-stressed railway concrete sleepers
    ** More than 94,000 shares change hands by 12:56 p.m. IST,
1.5x 30-day avg of 64,537 shares
    ** Stock up 9.77% YTD, as of last close
($1 = 82.7250 Indian rupees)
 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))