Announced Wed, 2 Sept · 10:13 IST
GPT Infraprojects declared L1 in Rs 483.7 Cr railway bridge contract
GPTINFRA · price
▲ 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
+2.1%1-day move
₹107.60
prior close
₹107.88
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+8.0+7.5+8.3+6.0+2.1+3.3+4.1+2.8+3.9+4.5————
Up moveDown movePending
AI summary
GPT Infraprojects declared L1 (lowest bidder) by Rail Vikas Nigam Limited for a Rs 483.7 Crore (Rs 410 Crore plus GST) contract to build an important steel girder bridge over river Mahanadi on the East Coast Railway in Odisha. Work covers third and fourth railway lines between Nergundi and Barang section.
Likely market impact
L1 win is positive; once formally awarded, this large PSU contract strengthens order book and revenue visibility.