Shares of this infrastructure stock surged by more than 3 percent to Rs.165.3 per share after bagging an order of Rs.204 crore from CAO Construction, South Eastern Railway, for the construction of Road over Bridges and related infrastructure.
Share Price Movement
In Tuesday’s trading session, GPT Infraprojects Ltd’s share price surged 3.4 percent to an intraday high of Rs.165.3 per share, up from its previous close of Rs.159.86 apiece. The price then retreated and closed at Rs.163 per share.
Rationale for the Rise
GPT Infraprojects Limited has announced a contract win worth Rs.204 Crore for the construction of Road Over Bridges and related infrastructure for the South Eastern Railway in Kolkata.
The contract involves the construction of multiple Road Over Bridges, which are critical for improving road traffic flow and ensuring safe passage over railway lines.
This development will facilitate smoother transportation, reduce congestion, and enhance safety for both road users and train operations.
Order Book
GPT Infraprojects Limited is currently executing several major projects that are significantly contributing to its revenue. The company’s order book stands at Rs.3,979 Crore, with new orders amounting to Rs.1,016 Crore for Fiscal Year 2025.
In the infrastructure segment, two of the highest-valued projects include the construction of the four-lane Prayagraj Southern Bypass for NHAI in Uttar Pradesh, valued at Rs.835 Crore, and the construction of bridges for the Mathura-Jhansi third line for RVNL in Rajasthan and Uttar Pradesh, worth Rs.727 Crore.
In the concrete sleeper segment, the most notable projects are the manufacture of sleepers in Ghana for RMS Concrete Ltd, valued at Rs.123 Crore, and the supply of wider PSC sleepers for the South Eastern Railway in India, worth Rs.64 Crore.
Global Footprints
GPT Infraprojects Limited, based in Kolkata, India, has expanded its global presence with manufacturing facilities in South Africa, Namibia, and Ghana, specializing in prestressed concrete sleepers.
Financial Overview
In its recent financial updates, GPT Infraprojects Limited reported a net profit of Rs.16 crore in Q1 FY25, up 33 percent from Rs.12 crore in Q1 FY24. Revenue from operations was Rs.242 crore, rising 2.5 percent from Rs.236 crore in the same period.
Company Profile
GPT Infraprojects Ltd, based in Kolkata, specializes in civil and infrastructure projects, particularly in railway construction and the manufacturing of concrete sleepers.
Written by – Siddesh S Raskar
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