GPTINFRABSEGPT INFRAPROJECTS LTDHighPositive
Announced Thu, 6 Aug · 18:34 IST

GPT Infraprojects subsidiary declared L1 in Rs 72.5 Crore railway order

Govt Defence OrderBusiness Updates View source PDFExplain this filing

GPTINFRA · price

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Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹117.60
prior close
₹117.62
base price
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AI summary

Wholly owned subsidiary Alcon Builders and Engineers has been declared L1 (first lowest bidder) in an order worth Rs 72.5 crore from CAO CON, Eastern Railway. The work covers commissioning of auto signaling using MSDAC and electronic interlocking across a 25 km stretch in Asansol Division, part of the Sonnagar to Andal multitracking work under the Dedicated Freight Corridor.

Likely market impact

Positive order inflow strengthens order book and reinforces presence in the railway infrastructure segment.