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GPT Infraprojects Secures Major Flyover Construction Contract in Mumbai

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GPT Infraprojects Secures Major Flyover Construction Contract in Mumbai

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An update from GPT Infraprojects Limited ( (IN:GPTINFRA) ) is now available.

GPT Infraprojects Limited, as part of a joint venture, has been declared the lowest bidder for a significant infrastructure project valued at ₹1,739.49 crore by the Municipal Corporation of Greater Mumbai. The project involves constructing a flyover in Mumbai, with GPT Infraprojects holding a 26% share, amounting to ₹452.27 crore, which could enhance its market presence and operational scale in the infrastructure sector.

More about GPT Infraprojects Limited

GPT Infraprojects Limited operates in the infrastructure sector, focusing on construction and engineering services. The company is involved in various projects, including the construction of roads, bridges, and flyovers, with a market focus on infrastructure development in India.

Average Trading Volume: 27,973

Technical Sentiment Signal: Sell

Current Market Cap: 13.12B INR

Learn more about GPTINFRA stock on TipRanks’ Stock Analysis page.

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