India's G R Infraprojects gains on winning 4.26 bln rupee highway project
Shares of India's G R Infraprojects rose as much as 5.9% to 874.95 rupees on Wednesday after the infrastructure firm said it received a letter from the National Highways Authority of India declaring Sept. 7 as the appointed date for the Agra-Gwalior greenfield road project, with an estimated cost of 4.26 billion rupees ($44.5 million).
3%. The infrastructure company said it received a letter from the National Highways Authority of India naming September 7 as the appointed date for the Agra-Gwalior greenfield road project. 5 million. The project covers development of a 6-lane access-controlled greenfield highway across Uttar Pradesh, Rajasthan and Madhya Pradesh, along with strengthening work on National Highway 44.
3x the 30-day average volume. LSEG-compiled data showed the stock was rated "buy" on average by 10 analysts, with a median target price of 1,250 rupees. 2% year to date. 7775 Indian rupees)