Shares of GPT Infraprojects jumped over 7% after the company secured a major infrastructure contract worth ₹351 crore. As of 12:46 PM, the shares were trading 6.13% higher at Rs 131.07.

The contract has been awarded by Agra Gwalior Highway Private Limited for the construction of a new major bridge, including a cable-stayed bridge, over the Chambal River. This project forms a key part of the Agra–Gwalior Greenfield Highway initiative.

As per the official filing, there is no involvement of the promoter group or any related party in the transaction, and no special conditions are attached to the order.

The development highlights GPT Infraprojects’ growing presence in high-value infrastructure projects and has boosted investor sentiment. The stock saw a sharp upward movement following the announcement, reflecting market optimism about the company’s expanding order book and future growth prospects.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

TOPICS: GPT Infraprojects