G R Infraprojects shares jumped more than 3% in morning trade after the company emerged as the lowest bidder for a major metro viaduct project in Maharashtra, with a bid value of Rs 904 crore.
The project demands the design and construction of a 17.624 km elevated metro viaduct with 79m and 100m railway spans, along with a six-lane double-decker section with a 1.14 km vehicular underpass (VUP).
This project, which will be carried out on an EPC basis over a 30-month period, is a part of the Reach-1A section of the NMRP Phase 2.
As of 9:37 am, G R Infraprojects shares were trading 3.78% higher at Rs 1,729.00 on the NSE.
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