{"id":124522,"date":"2024-05-21T11:01:51","date_gmt":"2024-05-21T05:31:51","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=124522"},"modified":"2024-05-21T12:48:21","modified_gmt":"2024-05-21T07:18:21","slug":"infra-stock-hits-5-upper-circuit-after-company-received-order-worth-47-97-cr-from-western-railways","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/infra-stock-hits-5-upper-circuit-after-company-received-order-worth-47-97-cr-from-western-railways\/","title":{"rendered":"Infra stock hits 5% upper circuit after company received order worth \u20b9 47.97 Cr from Western Railways"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3851644179\"><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>Infra stock engaged in the business of civil construction of building roads, bridges, foot overbridges, earthworks, and numerous other Infrastructure constructions hits a 5 percent upper circuit in the day\u2019s trade upon receiving a work order worth Rs. 47.97 Crores from the Western Railways.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-504950904\"><!-- 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>With a market capitalization of Rs. 1,165 Crores, the shares of <strong>Giriraj Civil Developers Limited<\/strong> hit a 5 percent upper circuit at Rs. 487.35 from its previous day\u2019s close price of Rs. 464.15.\u00a0<\/p><p>Giriraj Civil Developers Limited has secured two new work orders for a consideration of Rs. 47.97 Crores from the Western Railways For providing a 6 M. wide Foot Over Bridges (FOB) between Borivali \u2013 Dahisar at km 35\/1003-1004 to prevent trespassing through the railway track.&nbsp;<\/p><p>It also includes the Construction of 3 washing cum inspection pit lines along with Electrical work by converting one stabling cum washing line and 2 Dry Pit Inspection Lines for the Bandra Terminus.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-912905903\"><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>Giriraj Civil Developers Limited is engaged in the business of civil construction of building roads, bridges, foot overbridges, earthworks, and numerous other Infrastructure constructions for the government, semi-government, corporation, and private organizations.&nbsp;<\/p><p>Its revenue from operations grew by 17.17 percent from Rs. 94.67 Crores in FY22 to Rs. 110.92 Crores in FY23, accompanied by profits of Rs. 3.79 Crores to Rs. 4.5 Crores.&nbsp;<\/p><p>It has reported a return on equity(ROE) of 8.34 percent, a return on capital employed (ROCE) of 10.44 percent, and a debt-to-equity ratio of 0.4.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Bharath KS<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> 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-1135372362\"><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>Infra stock engaged in the business of civil construction of building roads, bridges, foot overbridges, earthworks, and numerous other Infrastructure constructions hits a 5 percent upper circuit in the day\u2019s trade upon receiving a work order worth Rs. 47.97 Crores from the Western Railways.&nbsp; With a market capitalization of Rs. 1,165 Crores, the shares of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97461,"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":[4865,31],"tags":[18322,18323,11585,948,936],"class_list":["post-124522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","tag-giriraj-civil-developers","tag-giriraj-civil-developers-order","tag-giriraj-civil-developers-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) - 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