NH-341 highway project in Gujarat provisionally completed

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

-1.5%Reaction day

₹1040.00

prior close

₹1028.00

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-1.0% vs market

Civil Construction peers, median of 97sector-0.2%-1.4% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 1.4 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.

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 97Pending

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AI summary

G R Infraprojects has received a provisional completion certificate for its NH-341 four-laning project from Bhimasar to Anjar-Bhuj in Gujarat. Bid project cost stands at about Rs 1,085 crore, executed under Hybrid Annuity Mode by wholly owned subsidiary GR Bhimasar Bhuj Highway Private Limited. The Independent Engineer issued the certificate on 24 December 2025, declaring the project fit for commercial operation from 24 September 2025.

Likely market impact

Positive: project completion triggers annuity receivables and revenue recognition under the HAM model, supporting future cash flows.