G R Infraprojects Limited receives LOA from NHAI for Rs. 4262.78 crores project

G R Infraprojects Limited has received Letter of Acceptance dated 18th March 2025 from National Highways Authority of India (Ministry of Road, Transport & Highways) for the project "Construction of Agra‐ Gwalior Greenfield Road comprising of: A. Section‐1: Development of 6 Lane of access controlled Agra‐Gwalior greenfield highway, starting from design km 0+000 (near village Deori in district Agra) to design km 88+400 (near village Susera in district Gwalior) in the State of Uttar Pradesh, Rajasthan and Madhya Pradesh and

B. Section‐2: Overlay/Strengthening, other road safety and improvement works on existing Agra‐ Gwalior section from 1058.00 to 1148.00 (Design chainage 13.00 to 103.00) of NH‐44 in the State of Uttar Pradesh, Rajasthan and Madhya Pradesh on DBFOT pattern at BOT (Toll) Mode under NH(O) scheme."

The NHAI estimated project cost (inclusive of GST) is Rs. 4262.78 crores.

Shares of G R Infraprojects Ltd was last trading in BSE at Rs. 940.35 as compared to the previous close of Rs. 907.30. The total number of shares traded during the day was 9654 in over 629 trades.

The stock hit an intraday high of Rs. 944.95 and intraday low of 908.60. The net turnover during the day was Rs. 9001409.00.

Source : Equity Bulls

Keywords

GRInfraprojects INE201P01022 LOA NHAI OrderWin