GR Infraprojects gets Rs 290.23 crore Jharkhand road EPC order

Govt 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

+3.5%Reaction day

₹1246.00

prior close

₹1275.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+3.2% vs market

Civil Construction peers, median of 97sector-0.6%+4.1% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Microcap 250 and 4.1 pts more 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

+1.3

10m

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15m

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30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.5+0.2+3.2-0.6+4.1

Next day

+1.5+0.9+0.6+0.2+1.3

+2.2+0.4+1.8-0.6+2.7

+1.8-0.8+2.6-1.4+3.2

-1.6+0.2-1.9-0.9-0.8

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15d

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-18.1-4.2-13.9-11.3-6.7

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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

GR Infraprojects received an acceptance letter from the State Highways Authority of Jharkhand for an EPC project to build the 26.672 km Giridih Bypass towards Tundi. The contract is valued at Rs 290.23 crore and is targeted for completion within 24 months from the appointed date.

Likely market impact

The government award improves order visibility and future revenue prospects, though execution and profit margins remain uncertain.