India's GPT Infraprojects near 4-year high on $22 mln railway order

GPT Infraprojects

13/09/2022 10:42

** Shares of infrastructure company GPT Infraprojects
 GPTI.NS  rise as much as 20% to 115.20 rupees, highest since
Sept 24, 2018
    ** Says got an order worth 1.73 bln rupees ($21.85 million)
from Northern Railway  urn:newsml:reuters.com:*:nFWN30K0RY
    ** Order includes doubling of railway track between Ludhiana
and Kila Raipur including 25 kV high rise over head equipments
railway electrification and signaling and telecommunication
works [https://bityl.co/ELxz
]
    ** More than 963,000 shares change hands by 0928 GMT vs 25x
of 30-day avg of 38,581 shares
       ** Stock up 18.7% YTD up to last close

($1 = 79.1650 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))