G R Infraprojects emerges L-1 bidder for NTPC BESS project worth about Rs 488 crores

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

GRINFRA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹918.00

prior close

₹939.40

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+0.1% vs market

Civil Construction peers, median of 97sector-1.1%-0.1% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.1 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

-0.9-4.0+3.1-4.0+3.1

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15d

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 97Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

G R Infraprojects has emerged as the lowest bidder (L-1) for an EPC contract worth about Rs 487.78 crores from NTPC. It covers battery energy storage system (BESS) setup at Mouda Super Thermal Power Station in Maharashtra. Completion period is 15 months. This marks entry into the energy storage segment for the company, which is mainly a road builder.

Likely market impact

Positive: New order from a government PSU diversifies the company into energy storage, adding about Rs 488 crores to the order book.