India's GPT Infraprojects rises on $59 mln order win

GPT Infraprojects

24/04/2024 07:34

** Shares of GPT Infraprojects Ltd  GPTI.NS  up 8% at 186.9
rupees
    ** Infrastructure developer gets 4.87 bln rupees ($58.5 mln)
order to build railway line
    ** Stock, which was down 1.7%, rises as much as 15.4% after
news
    ** Over 389,000 shares traded, ~3x the 30-day avg
    ** Stock up 13% YTD, has risen in each of the last 4 years


($1 = 83.2940 Indian rupees)

 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))