India's GPT Infraprojects rises on being declared lowest bidder for project

GPT Infraprojects

02/09/2024 05:08

** Shares of infrastructure developer GPT Infraprojects
 GPTI.NS  rise 3.2% to 182 rupees
**  Co declared as first lowest bidder for an order involving
construction of road over bridge valued at 2.04 bln rupees
($24.3 mln)
    ** Order from CAO Construction, South Eastern Railway
Kolkata
    ** Stock has more than doubled so far this year, and is on
track for fifth year of gains
     
    ($1 = 83.8500 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)
((dimpal.gulwani@thomsonreuters.com))