/ GPT Infraprojects Trades In Green On New Order Won ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Friday, 10 February 2017

GPT Infraprojects has won a new order from Rail Vikas Nigam for the construction of bridges and other works on the Mathure-Jhansi line in Agra, amounting to 2.17 billion rupees. The construction work will be spread across Madhya Pradesh, Uttar Pradesh and Rajasthan, and the company is expecting to complete the projects in the next three years.

The stock of the company is trading with gains on the news. In the last one year the stock has surged by 12.63%, and is currently trading with a P/E of 24.86. GPT Infraprojects is an infrastructure company which executes civil and infra projects, and is based in Kolkata. GPT Infraprojects Ltd is currently trading at Rs 253.15, up by Rs 1.6 or 0.64% from its previous closing of Rs 251.55 on the BSE.

The scrip opened at Rs 252 and has touched a high and low of Rs 261.4 and Rs 252 respectively. So far 16385(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 365.83 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 299.85 on 03-Oct-2016 and a 52 week low of Rs 172.1 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs 270 and Rs 245 respectively. The promoters holding in the company stood at 74.77 % while Institutions and Non-Institutions held 0.26 % and 24.97 % respectively. The stock is currently trading above its 200 DMA.

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