India's GPT Infraprojects hits highest in over a month on order win

GPT Infraprojects

20/01/2023 08:02

** Shares of GPT Infraprojects Ltd  GPTI.NS  rise nearly 8%
to 59.15 rupees, highest since Dec. 5, 2022
    ** Co says it received an order worth 2.70 bln rupees
($33.25 million) from Brief & Proof Company (I) Ltd for
construction of railway infra projects in Uttar Pradesh
    ** Around 212,000 shares change hands by 1:00 p.m. IST, 3.7x
the 30-day avg of ~57,500 shares
    ** Stock was up 34.6% last year
($1 = 81.2000 Indian rupees)
 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))