GRINFRANSEG R Infraprojects LimitedHighPositive
Announced Thu, 2 Apr · 17:01 IST

G R Infraprojects Limited has informed the Exchange regarding 'Execution of EPC Agreement '.

Order Above 5pct RevenueBusiness Updates View source PDF

GRINFRA · price

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

Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹848.00
prior close
₹865.00
base price
After-mkt
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-2.0-2.7-3.8-4.3-3.0-0.7-1.5-0.6+0.2+5.9+7.7+16.1+2.5+7.0
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AI summary

G R Infraprojects Limited has executed an Engineering, Procurement and Construction (EPC) Agreement with West Central Railway for constructing a new railway line spanning approximately 41 km between Bahari and Gondawali stations in Madhya Pradesh, part of the Sidhi-Singrauli new rail link project. The total bid project cost is INR 1,897.51 crore, making this a substantial infrastructure contract. The project scope includes earthwork, bridges (minor, major, and important), viaduct, ROB (RCC Box Type), RUB/LHS, station building, tunnels, and track work. The contract has a completion period of 900 days (approximately 2.5 years) from the appointed date.

Likely market impact

This INR 1,897 crore railway construction order represents a significant new contract win for GR Infraprojects, providing revenue visibility for the next 2.5 years and likely constituting a meaningful portion of the company's order book. The positive announcement could support the stock price in the near term.