GPT Infraprojects Secures Rs. 481.11 Crore Railway Contract; Stock Surges Over 10%

Summary

GPT Infraprojects Limited (GPTINFRA) has bagged a significant contract worth Rs. 481.11 crore from the South Eastern Railway. The project involves the construction of an important bridge over the Rupnarayan River and the development of an elevated platform at Kolaghat Station on the Howrah-Kharagpur route. 

Stock Performance

  • Following the announcement, GPT Infraprojects Limited ’s stock surged by 10%, rising Rs. 132.30 
  • Market Capitalization: Rs. 1,657.27 Crore.

Key Details of the Contract

  • Awarding Authority: CAO Construction, South Eastern Railway, Kolkata

  • Contract Value: Rs. 481.11 Crore

  • Project Scope:

    • Construction of Important Bridge No. 57 over River Rupnarayan

    • Bridge configuration: 2x30.5m OWG + 7x91.4m OWG + 2x30.5m OWG

    • Viaduct on either approach: 11x30.5m Composite Girder + 15x30.5m Composite Girder

    • Development of Kolaghat Station on an elevated platform (Platform No. 1 & 2)

    • Located on the diverted alignment of the Howrah-Kharagpur route

    • Project to be executed on Engineering, Procurement & Construction (EPC) mode

 About the Company:

GPT Infraprojects Ltd (GPT) is a construction company engaged in executing civil and infrastructure projects. It also manufactures concrete sleepers for railways.

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