G R Infraprojects gets Rs 91.60 Cr LoA for Varanasi MMLP

Government or defence orderBusiness Updates View source PDF Explain this filing

GRINFRA · price

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

-0.6%Reaction day

₹877.00

prior close

₹883.40

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.7% vs market

Civil Construction peers, median of 98sector-0.7%+0.0% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and in line with 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

-0.6

10m

-0.7

15m

-0.8

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6+0.1-0.7-0.7+0.0

Next day

-0.3+0.2-0.5-0.4+0.1

-1.1+0.6-1.7-1.4+0.2

+0.9-0.0+0.9-1.9+2.8

+0.8+0.5+0.3-1.3+2.1

-0.2+0.8-1.0-1.4+1.1

+3.0+0.6+2.4-2.3+5.2

15d

-1.2+1.3-2.4-3.0+1.9

-4.6-1.4-3.2-5.6+1.1

-10.4-0.6-9.8-7.7-2.7

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 98Pending

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

AI summary

G R Infraprojects has received a Letter of Award from Varanasi MMLP Limited for development, operation and maintenance of a Multi Modal Logistics Park in Varanasi, UP on DBFOT basis. Order value is Rs 91.60 Crores. Construction period is 1 year, concession period is 45 years. Domestic, government-related project; no related party interest.

Likely market impact

Adds Rs 91.60 Cr to order book. Small relative to company size, but 45-year concession offers steady long-term revenue visibility.