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Infra stock jumps after it bags huge order worth ₹4,263 Cr for construction of Agra- Gwalior greenfield highway

Prominent Infra company has won a ₹4,263 crore contract for the Agra-Gwalior Greenfield Highway, improving connectivity across three states. The project will be executed under the BOT (Toll) model within 910 days.
Infra stock surges after securing ₹4,263 Cr order for Agra-Gwalior greenfield highway construction.
Infra stock surges after securing ₹4,263 Cr order for Agra-Gwalior greenfield highway construction.

Introduction:

Leading Infra company has secured a significant ₹4,263 crore project for developing the Agra-Gwalior Greenfield Highway. This contract, awarded under the BOT (Toll) model, will enhance regional connectivity across Uttar Pradesh, Rajasthan, and Madhya Pradesh within 910 days.

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Also Read: Transformer stock jumps 6% after receiving order worth ₹726 Cr from Gujarat Energy Transmission

Share price movement of G R Infraprojects:

On March 17, 2025, G R Infraprojects Ltd opened at ₹1,024.45, up 1.71% from its previous close of ₹958.40. The stock hit a high of ₹1,024.45 and a low of ₹931.85. By 12:07 PM, it traded at ₹942.00, with a market cap of ₹9,112.94 crore.

G R Infraprojects Secures ₹4,263 Cr Agra-Gwalior Highway Project:

G R Infraprojects Limited has emerged as the selected bidder for the Agra-Gwalior Greenfield Highway project, valued at ₹4,262.78 crore. The project, awarded by the National Highways Authority of India, involves a six-lane access-controlled highway across Uttar Pradesh, Rajasthan, and Madhya Pradesh.

The contract, awarded under the DBFOT pattern at BOT (Toll) mode, also includes strengthening and safety improvements on the existing Agra-Gwalior section of NH-44. The project is expected to be completed within 910 days from the appointed date, enhancing regional connectivity and infrastructure.

Following the announcement, the company stated that it would provide further updates as the project progresses. Additionally, in compliance with SEBI regulations, the trading window for designated persons remains closed for 48 hours post-announcement. This major contract win strengthens G R Infraprojects’ position in India’s road development sector.

Recent news on G R Infraprojects:

As of February 03, 2025, G R Infraprojects Ltd reported an 8% rise in net profit to ₹262.59 crore YoY. However, total revenue from operations declined 20.6% YoY to ₹1,694.5 crore, compared to ₹2,134 crore.

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

G R Infraprojects Ltd faced a 5.43% decline over the past week. The stock witnessed a significant 42.6% drop in six months, while its one-year performance also remained negative, down 22.5%, reflecting ongoing market challenges and sectoral headwinds.

Also Read: Stock jumps 7% after receiving order worth ₹1,267 Cr from Power Grid Corporation and others

Shareholding pattern of G R Infraprojects:

ParticularsDec 2024Sep 2024Jun 2024
Promoter75%75%74.70%
FII2.50%2.10%1.40%
DII19.80%20.10%20.50%
Public3.00%3.10%3.40%
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About G R Infraprojects:

G R Infraprojects Ltd (NSE: GRINFRA) is a leading EPC company specializing in road and highway construction across 15 Indian states. Established in 1995, it undertakes civil infrastructure projects under EPC and BOT models, ensuring high-quality execution and efficiency.

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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