The share price of this leading construction firm touched the 5% upper circuit after the company received a contract worth ₹554 crore from Rail Vikas Nigam Limited.
GPT Infraprojects Ltd. belongs to the small-cap category of stocks with a market capitalization of ₹1,434 crore.
As per the company’s exchange filing, the company secured a ₹554.94 crore order from Rail Vikas Nigam Limited for constructing the Viaduct Portion of an Elevated Corridor, ROBs, Exit/Entry Ramps, and various other infrastructure works for the Six Lane Elevated Kona Expressway project in West Bengal on an EPC mode, excluding steel bridge spans and certain other specific tasks.
GPT Infraprojects shares have gained a return of 92 percent in the last six months and 375 percent in a year. A shareholder investment of ₹ 1 lakh in the company would be worth ₹ 4.75 lakhs in a year.
The company’s revenue has increased 10 percent year on year, from ₹268 crore in Q4FY23 to ₹295 crore in Q4FY24. During the same period, Net profit has also increased by 50 percent, from ₹10 crore to ₹15 crore.
GPT Infraprojects Ltd is a leading construction company engaged in executing civil and infrastructure projects. It also manufactures concrete sleepers for railway sleepers out of concrete.
GPT is the only Indian firm with a concrete sleeper business in three countries such as South Africa, Namibia, and Ghana. The company has notable clients that include RITES, NHAI, RVNL, Ircon International Ltd, and many more.
The company generates 9% of its revenue from Concrete Sleepers and 91% from Infrastructure projects. As of the march quarter, the company reported an order book of ₹3,099 crores, with 93% of orders coming from infrastructure projects and the remaining 7% from Concrete Sleepers.
The company boasts a notable clientele, including Ircon International, RITES, NTPC, NHAI, and many more.
Written by Omkar Chitnis
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