Latest news with #GRInfraprojects
Business Standard
09-05-2025
- Business
- Business Standard
G R Infra secures Rs 262 cr LoA for western railway EPC project
G R Infraprojects said that it has received the letter of acceptance (LoA) for an engineering, procurement, and construction (EPC) project from the Western Railways worth Rs 262.28 crore. The order entails gauge conversion of 38.90 kilometers of railway track and associated works, including earthwork, blanketing, supply of ballast, construction of minor and major bridges, office and service buildings with water supply and sanitation, platforms, station amenities, retaining walls, boundary walls, side drains, and complete track linking with the supply of materials (excluding new rails) and small track machines. The project also includes all works related to 30 roads under bridges (RUBs) across the stretch from chainage 9.200 km to 48.100 km in the Kosamba and Umarpada section, under the Vadodara division of Western Railways. The completion period for the project is 730 days from the appointed date. G R Infraprojects is engaged in the construction of infrastructure facilities on an engineering, procurement, and construction (EPC) and built, operate, and transfer (BOT) basis The companys consolidated net profit increased 7.82% to Rs 261.71 crore on a 20.6% slide in revenue from operations to Rs 1,694.50 crore in Q3 FY25 over Q3 FY24. Shares of G R Infraprojects fell 1.43% to currently trade at Rs 1,046.10 on the BSE
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Business Standard
06-05-2025
- Business
- Business Standard
G R Infra shares rise 3% on bagging order from BSNL; Check all details
G R Infra share price: Shares of G R Infraprojects gained 3.5 per cent in trade on Tuesday, logging an intraday high at ₹1,110 per share on BSE. The northward rally in the stock came after the company bagged ₹1,257.28 crore order from Bharat Sanchar Nigam Limited (BSNL). However, at 11:08 AM, G R infra shares were trading only 0.9 per cent higher at ₹1,082 per share on the BSE. In comparison, the BSE Sensex was down 0.24 per cent at 80,600.45. The market capitalisation of the company stood at ₹10,467.3 crore. The 52-week high of the stock was at ₹1,859.95 per share and the 52-week low of the stock was at ₹902.05 per share. In the past one year, G R Infra shares have lost 21.6 per cent as against Sensex's rise of 9 per cent. G R Infra order details: The company received an advance work order from BSNL after market hours on Monday, May 5, 2025. Under the contract, G R Infra will design, build, operate and maintain middle mile network of Bharatnet, in Kerala Telecom Circle. The project is worth around ₹1,257.28 crore and has to be executed for three years with seven years of operation and maintenance. "In continuation to our earlier announcement dated November 9, 2024 and in accordance with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that our company has received Advance Work Order (AWO) dated 5th May 2025 from Bharat Sanchar Nigam Limited (BSNL) on behalf of Department of Telecom (DoT)," the filing read. About G R Infraprojects G R Infraprojects Ltd is an Indian infrastructure development company specialising in road construction, engineering, procurement, and construction (EPC) services. Established in 1995, the company has a significant presence in the Indian infrastructure sector, executing projects across highways, bridges, and other civil engineering domains.
Business Upturn
05-05-2025
- Business
- Business Upturn
G R Infraprojects bags Rs 1,257 crore contract from BSNL for BharatNet Project in Kerala
G R Infraprojects has recently informed exchanges that the company secured a contract worth Rs 1,257 crore from Bharat Sanchar Nigam Limited (BSNL) for the BharatNet project in Kerala. The project involves the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network under Package No. 16, as per Tender Enquiry No. MM/BNO&M/BN-III/T-791/2024, dated 15th February 2024. The contract follows an Advance Work Order (AWO) issued by BSNL on 5th May 2025. The project will be executed under the Design, Build, Operate, and Transfer (DBOT) model. The execution phase is expected to take three years, followed by seven years of operation and maintenance. With this new contract, G R Infraprojects continues to strengthen its position in the telecommunications and infrastructure sectors. The company's ongoing commitment to quality and timely execution has helped it secure large-scale projects with major national players like BSNL. As the project progresses, G R Infraprojects will play a pivotal role in shaping the future of digital connectivity in Kerala, contributing to the Government's vision of a digitally inclusive India. In the meantime, G R Infraprojects shares opened today at ₹1,069.80, reaching a high of ₹1,075.00 and a low of ₹1,045.50 on the trading day. The stock has seen a significant fluctuation over the past year, with its 52-week high at ₹1,860.00 and its 52-week low at ₹901.00. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
30-04-2025
- Business
- Time of India
NHAI, GR Infraprojects to jointly develop Agra-Gwalior greenfield expressway
The National Highways Authority of India ( NHAI ) and GR Infraprojects will jointly develop the 88 km long six-lane access controlled Agra-Gwalior greenfield expressway at a total capital cost of Rs 4613 crore on build-operate-transfer (Toll) mode. #Pahalgam Terrorist Attack A Chinese shadow falls on Pahalgam terror attack case probe How India can use water to pressure Pakistan Buzzkill: How India can dissolve the Pakistan problem, not just swat it The concession period of the contract is 20 years, including a construction period of 30 months, the ministry of road transport and highways said in a statement issued on Wednesday. 'The authority will provide construction support of Rs 820 crore to the concessionaire during the construction period, which will be linked to the project progress,' it said, adding that the overlay or strengthening, road safety and improvement measures for the existing National Highway on NH-44 have also been included in the Agra-Gwalior project agreement. The Agra-Gwalior greenfield expressway will start from Deori village in Agra and terminate at Susera village in Gwalior and is aimed at enhancing connectivity between the tourism hubs of Agra and Gwalior. As per the statement, the project has been awarded on quoted @17 .170 % premium in the form of revenue shares of the realisable fee against expected premium @2.42%. 'The premium shall be payable from second year post project completion which will be increased by 1% of the realisable fee every year in subsequent years for the remaining concession period,' it said. The greenfield access controlled expressway will pass through the states of Uttar Pradesh, Rajasthan, and Madhya Pradesh and will help to decongest various cities and industrial areas on the existing Agra-Gwalior Section of NH-44. 'The expressway will cut travel time, reduce carbon footprint and enhance logistics efficiency of commercial and freight movement between Agra, Dholpur, Morena and Gwalior,' it said. The greenfield expressway will feature eight major bridges, 23 minor bridges, six flyovers, one Rail-Over-Bridge and 192 culverts and will also pass through the National Chambal wildlife sanctuary. The government has been encouraging public-private partnership for Build-Operate-Transfer (Toll) projects for development as well as operations and maintenance of the world class national highway network in the country.
Time of India
30-04-2025
- Business
- Time of India
Buy G R Infraprojects, target price Rs 1,166: Axis Securities
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads (Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.) Axis Securities has a Buy call on G R Infraprojects with a target price of Rs 1,166. The current market price of G R Infraprojects is Rs 1079.9. The time period given by the analyst is 6-9 months when G R Infraprojects price can reach the defined target. G R Infraprojects, incorporated in 1995, is a Small Cap company with a market cap of Rs 10426.67 crore, operating in the construction sector. G R Infraprojects Ltd. key Products/Revenue Segments include Sale of services, Income From Construction Work, Scrap and Other Operating Revenue for the year ending the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 1797.38 crore, up 26.97% from last quarter Total Income of Rs 1415.59 crore and down -16.74% from last year same quarter Total Income of Rs 2158.63 crore. The company has reported net profit after tax of Rs 211.21 crore in the latest company's top management includes Kumar Agarwal, Kumar Agarwal, Agarwal, Khamesra, Gupta, Kumar Jain, Raj Dogra, Malhotra. Company has B S R & Associates LLP as its auditors. As on 31-03-2025, the company has a total of 10 crore shares Infraprojects anticipates strong order intake, supported by a robust bidding pipeline across multiple sectors, particularly in EPC and HAM projects led by NHAI. Beyond roads, the company is also exploring opportunities in the railways, ropeways, and transmission and distribution (T&D) sectors, which offer substantial growth potential. These diverse prospects position the company to leverage its expertise across various infrastructure domains and capitalise on the sector's anticipated expansion. The stock is currently trading at an implied PE of 16x/12x FY25E/FY26E EPS. The brokerage has recommended a BUY on the stock for a target price of Rs 1,166/ share implying an upside of 10% from held 74.7 per cent stake in the company as of 31-Mar-2025, while FIIs owned 2.84 per cent, DIIs 19.17 per cent.
