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Infra stock hits 5% upper circuit after it receives work order from NHAI

Infra stock won a ₹30.53 crore NHAI contract for toll collection and maintenance in Chhattisgarh, highlighting expertise in infrastructure and toll management while strengthening its market presence.
Infra stock secured ₹30.53 crore NHAI toll contract, showcasing expertise, strengthening presence.

Introduction:

Infra stock secured a ₹30.53 crore contract from NHAI for toll collection and infrastructure maintenance in Chhattisgarh. The one-year project underscores expertise in toll management and infrastructure development, strengthening its presence in the domestic infrastructure sector.

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Share Price movement of B.R.Goyal Infrastructure:

On January 21, 2025, B.R. Goyal Infrastructure Ltd opened at ₹140.50, up 5% from its previous close of ₹138.40. The stock reached an intraday high of ₹145.30 and a low of ₹136.50, closing at ₹145.30 with a market cap of ₹346.17 crore.

B.R.Goyal Infrastructure’s new order:

B.R. Goyal Infrastructure Limited has secured a ₹30.53 crore work order from the National Highways Authority of India (NHAI). The project involves engaging a user fee collection agency at Paraghat Toll Plaza, located in Bilaspur District, Chhattisgarh.

The contract, awarded via competitive e-tendering, covers the collection of user fees, upkeep, and maintenance of adjacent toilet facilities, and recouping consumables. It pertains to NH-200 (New NH-49), involving two- and four-lane upgrades under an EPC model.

Spanning a one-year period from January 23, 2025, to January 23, 2026, the order highlights the company’s growing expertise in infrastructure and toll management. There are no related party transactions or promoter interests associated with this contract.

Also Read: Best Sectors To Watch For Budget 2025

Recent news About B.R.Goyal Infrastructure :

B.R. Goyal Infrastructure Ltd debuted on January 14, 2025, with a listing price of ₹135.75 per share, reflecting a 0.56% premium over its issue price of ₹135, showcasing modest investor interest during its market entry.

Stock performance of B.R.Goyal Infrastructure for Period of 1 week:

Over the past week, B.R. Goyal Infrastructure Limited’s stock demonstrated a steady performance with a 1.96% increase. This growth reflects positive investor sentiment and highlights the company’s resilience and potential in the infrastructure sector during the observed period.

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Also Read: Stocks To Watch For Budget 2025

Shareholding pattern of B.R.Goyal Infrastructure:

SummaryJan 10, 2025
Promoter 73%
FII3.70%
DII 8.80%
Public14.50%

About B.R.Goyal Infrastructure:

B.R. Goyal Infrastructure Limited (BSE: BRGIL) pecializes in infrastructure development, including road construction, toll management, and urban infrastructure projects. With a focus on innovation and efficiency, the company delivers high-quality solutions, strengthening its presence in India’s growing infrastructure sector.

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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