India's GPT Infraprojects gains on $50.5 million Rail Vikas Nigam order

GPT Infraprojects

18/09/2026 06:21

** Shares of India's GPT Infraprojects GPTI.NS rise 4.8% to 118.99 rupees
** Stock on track for its biggest intraday gain since June 22
** Infrastructure builder says it received an order worth 4.84 billion rupees ($50.54 million), including GST, from Rail Vikas Nigam RAIV.NS 
** Adds, order involves construction of an important bridge over the Mahanadi River
** More than 1.8 million shares change hands, about 11.9x the 30-day average volume - data compiled by LSEG
** Stock up 6.5% YTD
     
($1 = 95.7600 Indian rupees)

(Reporting by Payel Das in Bengaluru)
((Payel.das@thomsonreuters.com))