GR Infraprojects shares gained more than 4% in early trading after the company received a Letter of Acceptance (LOA) from the Maharashtra Metro Rail Corporation Limited for a major infrastructure project under the Nagpur Metro Rail Project (NMRP) Phase 2.
The project includes designing and constructing an elevated metro viaduct spanning 17.624 km, with railway spans of 79 meters and 100 meters, as well as a 6-lane double-decker section with a vehicle underpass (VUP) for a total length of 1.14 kilometers in Reach-1A.
The project will be carried out on an Engineering, Procurement and Construction (EPC) basis, with a total value of Rs 903.53 crore.
As of 9:36 am, GR Infraprojects shares were trading 3.86% higher at Rs 1,701.95 on the NSE.
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.
