{"id":110375,"date":"2023-09-20T16:11:47","date_gmt":"2023-09-20T10:41:47","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=110375"},"modified":"2023-09-20T16:12:03","modified_gmt":"2023-09-20T10:42:03","slug":"stock-in-green-after-its-subsidiary-received-order-worth-737-cr-from-min-of-road-transport-highways","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-in-green-after-its-subsidiary-received-order-worth-737-cr-from-min-of-road-transport-highways\/","title":{"rendered":"Stock in green after its subsidiary receives order worth \u20b9 737 Cr from Min. of Road Transport &#038; Highways"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3134904316\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This infra stock rose more than 2% in Wednesday\u2019s trading session after the company\u2019s subsidiary received an order worth Rs. 737 crore from the Ministry of Road Transport and Highways.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2637787522\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Share price of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/GRINFRA\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">G R Infra<\/a><\/strong> opened at Rs. 1250.05 per share and gained more than 2% in the market today to reach its intra- day high of Rs. 1287 levels. The stock has gained 0.23% in the last one month and 27.23% in the last six months.<\/p><p>On 20 Sep 2023, the company\u2019s wholly owned subsidiary GR Yamuna Bridge Highway Private Limited received an order worth Rs. 737.17 crore for the construction of four lane highway from\u00a0 74.700 Km\u00a0to 112.950 Km of\u00a0 NH\u2010731A in the State of\u00a0 Uttar Pradesh on Hybrid Annuity Mode from the Ministry of Road Transport and Highways. The project is expected to be completed within 730 days from the appointed date.\u00a0<\/p><p>Comparing its financials on a QoQ basis, the company recorded revenue of Rs. 2478.23 crore in Q1FY24, up 0.6% from Rs. 2461.12 crore in Q4FY23. Its net profit of Rs. 389.68 crore in Q4FY23 saw a reduction of 20.4% to Rs. 309.84 crore in Q1FY24. It has a low debt to equity ratio of 0.91 and a good average ROE for the last three years of 24.15<\/p><div class=\"trade-content_5\" id=\"trade-3076246634\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>G R Infraprojects limited is an Indian company which was established back in 1995. The company engages in civil engineering and construction and takes up huge projects such as building highways, railways, ports and few others.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Bhumika Khandelwal<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2237847647\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This infra stock rose more than 2% in Wednesday\u2019s trading session after the company\u2019s subsidiary received an order worth Rs. 737 crore from the Ministry of Road Transport and Highways. Share price of G R Infra opened at Rs. 1250.05 per share and gained more than 2% in the market today to reach its intra- [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":98544,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[12299,12300,12298,948,936],"class_list":["post-110375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-g-r-infra-latest-news","tag-g-r-infra-latest-orders","tag-g-r-infra-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock in green after its subsidiary receives order worth \u20b9 737 Cr from Min. of Road Transport &amp; Highways - 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