GRINFRANSEG R Infraprojects Limited· ConstructionHighPositive
Announced Mon, 23 Mar, 2026 · 16:56 IST

G R Infraprojects Limited has informed the Exchange about Awarding of order(s)/contract(s)

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDFExplain 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
-3.4%Reaction day
₹847.60
prior close
₹899.25
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+2.9%-6.3% vs market
Civil Construction peers, median of 97sector+1.7%-5.0% vs sector

On the reaction day the stock moved 6.3 pts less than Nifty Microcap 250 and 5.0 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
5m
+1.1
10m
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15m
-4.9
30m
-8.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-3.4+2.9-6.3+1.7-5.0
Next day
-3.6+5.3-8.9+3.6-7.2
2d
-5.3+2.4-7.6-0.1-5.2
3d
-6.8-0.6-6.2-4.2-2.6
4d
-1.5+4.0-5.5+2.6-4.1
5d
+0.0+4.7-4.6+3.4-3.3
1w
-3.0+6.1-9.1+5.4-8.4
15d
+5.1+17.8-12.6+20.5-15.4
1m
+2.3+18.6-16.3+20.9-18.7
2m
+11.5+24.3-12.8+16.4-4.9
3m
+15.3+32.1-16.8+23.8-8.5
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 received a Letter of Award from the National Highways Authority of India (NHAI) for constructing a 4-lane Greenfield section of NH-33 from Mokama to Munger in Bihar. The contract is valued at Rs 2,440.87 crore and will be executed under the Hybrid Annuity Mode (HAM), where NHAI shares part of the project cost and pays annuities over time. The completion period is 910 days (about 2.5 years) from the appointed date. This is a follow-up to the company's earlier announcement on 18th March 2026.

Likely market impact

This is a sizeable order that strengthens G R Infraprojects' order book and provides multi-year revenue visibility. HAM projects offer relatively secure cash flows since NHAI guarantees a portion of the payment, though margins are typically lower than pure EPC orders. For shareholders, this signals continued order inflow in the company's core road-building business, which is a positive for business stability.