Small Cap Stock Under Rs 100 Bags Order Worth Rs 64 Crore, Stock Jumps 4.11%

On Jul 10, 2023, GPT Infraprojects Limited informed the stock exchange that the Company bagged an order from Principal Materials Manager, South Eastern Railway, Garden Reach, Kolkata. The contract is awarded for the Manufacture and supply of a Mono-Block Pre-Stressed Concrete Sleeper confirming to RDSO Drg No 8746. The value of the contract is worth Rs 64 Crore.

With a market capitalisation of Rs 423.96 Crorw, GPT Infraprojects Ltd. is a small cap construction sector company.

GPTINFRA Bags Order Valued at Rs 64 Crore

In a press release, the company stated, GPT Infraprojects Limited (GPT) is pleased to announce that the company has bagged order valued at Rs 64 Crore. The contract details are hereunder: -

Name of the entity awarding the contract	Principal Materials Manager, South Eastern Railway, Garden Reach, Kolkata
Nature of contract	Contract for Manufacture and supply of Mono-Block Pre-Stressed Concrete Sleeper confirming to RDSO Drg No 8746
Size of contract	Rs 64 Crore
Interest of Promoter / Promoter Group / Group Companies	Nil
Whether contract would fall under Related Party Transactions	No
Significant terms and conditions of the Order	This Contract is solely in the name of the Company.

Stock Movement

Meanwhile, the shares of GPT Infraprojects Ltd. last traded at Rs 70.88 apiece on BSE. The shares jumped 4.11% compared to the previous close of Rs. 70 apiece, It hit an intraday high of Rs 72.90 apiece and an intraday low of Rs 69.20 apiece. Its 52-week high is Rs 73.40 apiece and its 52-week low is Rs 40.25 apiece.

The stock jumped 2.84% in the past 1 week, while in the past 2 week, it jumped 15.87%. It jumped 27.73% in the past 1 month and 54.37% in the past 3 months, respectively. It gave 76.98% positive return in the past 1 year. It gave 75.61% positive return in 2 years. In 3 years, it gave 433.92% positive return. It has fallen 4.48% in the past 5 years.

About - GPT Infraprojects Limited

GPT Infraprojects Limited, the flagship company of GPT Group, is a premier infrastructure company based out of Kolkata. GPT, incorporated in 1980, GPT is the flagship company of GPT Group, based out of Kolkata. GPT, a premier infrastructure company, operates through two segments- Infrastructure and Sleeper. The company made inroads into the infrastructure segment in 2004 and is now an established Railway focused player, engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In Sleeper segment, the company manufactures and supplies concrete sleepers for Railways in India and Africa. Its manufacturing units are located at Panagarh (West Bengal), Ladysmith (South Africa), Tsumeb (Namibia) and Eshiem (Ghana). GPT is the only Indian company which has presence in several countries for its concrete sleeper business viz. South Africa, Namibia and Ghana. The Company has strong project execution capabilities, healthy financial base, and enviable growth prospects across all areas of operation.