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Up 1565% in six years: Small-cap stock to be in focus on Friday after ₹484 crore order win
GPT Infraprojects is attracting investor attention after securing a ₹483.72 crore railway contract for a bridge over the Mahanadi River, enhancing its order book and revenue visibility. The order is part of expanding railway lines in the Khurda Road Division, to be completed in 1,095 days.
GPT Infraprojects shares in focus: Small cap multibagger GPT Infraprojects is likely to attract investors' attention in Friday's trade, September 18, after the company secured another major railway order, strengthening its order book and revenue visibility.
In a post-market regulatory filing on Thursday, the company said it had received a ₹483.72 crore order from the Chief Project Manager of Rail Vikas Nigam Ltd (RVNL), Bhubaneswar.
The order involves the construction of Important Bridge 544, comprising a 32x65.84-metre open-web steel girder bridge over the Mahanadi River at Ch. 406.305 km. The project is part of the construction of the third and fourth railway lines between the Nergundi-Barang section in the Khurda Road Division of East Coast Railway, its filing showed.
