Shares of G R Infraprojects Ltd traded higher on Tuesday after the company announced it has received the appointed date of November 15, 2025 from Western Railways for a major gauge-conversion project in Gujarat’s Vadodara division.
At 9:18 AM on November 19, the stock was trading at ₹1,125.70, up 2.45%, reflecting positive sentiment following the project update.
Project details
The contract involves converting 38.9 km of rail line between Kosamba and Umarpada, covering a wide range of civil and structural works, including:
- Earthwork and blanketing
- Ballast supply
- Minor and major bridges
- Station buildings
- Water and sanitation facilities
- Platforms, retaining walls and drains
- Track linking
- Construction related to 30 road under-bridges (RUBs)
The project does not include the supply of new rails.
Project value and timeline
- Contract value: ₹262.28 crore
- Execution model: Engineering, Procurement and Construction (EPC)
- Completion period: 730 days from the appointed date
The company said it received the formal communication via a letter dated November 18, and notified exchanges to take the update on record.
