GRINFRANSEG R Infraprojects LimitedHighPositive
Announced Mon, 15 Jun · 12:59 IST

Appointed Date declared for ₹1,897.51 Cr railway project in MP

Order Above 5pct RevenueBusiness Updates View source PDF

GRINFRA · price

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Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹862.00
prior close
₹890.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2-0.4+0.2-0.2+1.3+2.4+3.4+3.5+11.4+13.4+3.7+4.3
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AI summary

G R Infraprojects has received the appointed date of 15 June 2026 from West Central Railway for a ₹1,897.51 crore EPC project. The work involves building a new railway line between Bahari and Gondawali stations in Madhya Pradesh, including earthwork, major bridges, viaducts, tunnels, station buildings and track work as part of the Sidhi-Singrauli new rail link. Completion period is 900 days from the appointed date. Revenue recognition can now formally begin on this large order.

Likely market impact

Confirmed start of a ₹1,897.51 Cr railway order, boosting order book and giving revenue visibility for the next 900 days.