G R Infraprojects Ltd announces financial close of greenfield road project

G R Infraprojects Ltd has announced the financial close for project of "Construction of Four/Six Lane Greenfield Ludhiana-Rupnagar National Highway No. NH-205K from junction with NE-5 Village near to Manewal (Ludhiana) to Junction with NH-205 near Bheora Village (Rupnagar) including spur to Kharar with Ludhiana bypass under Bharatmala Pariyojana in the State of Punjab on Hybrid Annuity Mode, Package-1 (Section from Design Ch. 0.000 to Design Ch. 37.700, total length 37.700 Km) on Hybrid Annuity Mode.

The bid project cost is Rs. 951 crores. The completion period for the project is 730 days from Appointed Date and operation period is 15 years from Commercial Operation Date.

Shares of G R Infraprojects Ltd was last trading in BSE at Rs. 1365.15 as compared to the previous close of Rs. 1405.15. The total number of shares traded during the day was 1748 in over 685 trades.

The stock hit an intraday high of Rs. 1402.20 and intraday low of 1357.40. The net turnover during the day was Rs. 2401095.00.

Source : Equity Bulls

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GRInfraprojects INE201P01022 GRINFRA Construction Engineering RoadProject FinancialClose