GR Infraprojects Bags ₹2,441 Crore NHAI Highway Project in BiharGR Infraprojects Bags ₹2,441 Crore NHAI Highway Project in Bihar

Introduction

Leading integrated road EPC company announced receipt of a Letter of Award from the National Highways Authority of India for a greenfield four-lane highway project worth over ₹2,440 crore in Bihar.

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Share Price Movement of G R Infraprojects Ltd:

On March 24, 2026, G R Infraprojects Ltd opened at ₹901.05, up 6.82% from its previous close of ₹843.55. The stock reached a high of ₹918.45 (8.89%) and a low of ₹810.55. By 4:00 PM, it traded at ₹857.33, a 1.63% increase, with a market cap of ₹8,027.74 crore.

₹2,441 Crore Bihar Highway LOA

G R Infraprojects Limited received a Letter of Award dated March 23, 2026 from the National Highways Authority of India for construction of a 4-lane greenfield section of NH-33 from Mokama to Munger in the state of Bihar. The contract price is ₹2,440.87 crore on Hybrid Annuity Mode (HAM).

The project spans from Design Chainage 0+000 to Design Chainage 82+400, covering approximately 82.4 kilometres. The completion period is 910 days from the appointed date. The company had made an earlier announcement regarding this project on March 18, 2026.

This is a continuation of GR Infraprojects’ strong order book in the highway construction segment. The project will be executed under the HAM model where NHAI provides 40% of project cost during construction and the balance is paid as annuities over the concession period.

Stock performance of G R Infraprojects Ltd.  for Period of 1 week, 6 months, and 1 year

G R Infraprojects Ltd delivered a 1-week return of -8.09%, a 6-month return of -33.6%, and a 1-year return of -18.9%.

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Shareholding pattern of G R Infraprojects Ltd.

Particulars	Mar 2025	Sep 2025	Dec 2025
Promoter	74.70%	74.70%	74.70%
FII	2.70%	2.90%	2.90%
DII	19.50%	19.40%	19.30%
Public	3.10%	3.10%	3.10%

About G R Infraprojects Ltd.

G R Infraprojects Ltd (NSE: GRINFRA) is an integrated road EPC company with experience in design and construction of highway projects across 15 states in India under EPC, BOT, and HAM models.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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