G R Infraprojects wins 1,897 Cr railway line construction contract

Order Above 5pct RevenueGovt 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

-0.0%Reaction day

₹979.05

prior close

₹982.80

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-1.0% vs market

Civil Construction peers, median of 94sector+0.3%-0.3% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.3 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

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 94Pending

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

AI summary

G R Infraprojects has received a Letter of Acceptance from West Central Railway for building a new railway line between Bahari and Gondawali stations in Madhya Pradesh. The contract is worth 1,897.51 crore rupees under EPC mode with a 900 day completion period. The work covers earthwork, bridges, tunnels, tracks and station buildings as part of the Sidhi-Singrauli rail link project.

Likely market impact

Positive - large government order boosts order book and adds multi-year revenue visibility for the company.