Synopsis:
The shares of this small cap building firm skyrocketed greater than 13% after receiving an order value Rs 195 crore from an organization primarily based in Ivory Coast.
The shares of the corporate, which is engaged in executing civil and infrastructure tasks and likewise manufactures concrete sleepers for railways had been within the limelight because it soared by greater than 13% following its announcement of bagging an order value Rs 195 crore.
With a market cap of Rs 1,453 crore, GPT Infraprojects closes at Rs 111, with a excessive of Rs 117.9. When in comparison with its earlier day shut of Rs 103.45 ,the share gained greater than 13% in at present’s buying and selling session.
In regards to the order
GPT Infraprojects ltd has acquired an order from Terminal Industriel Polyvalent de San Pedro, Ivory Coast for the Provide, Set up, Testing and Commissioning of a Conveyor Belt System within the port of the Ivory Coast, value Rs 195 crore.
The acquired work order must be executed inside 12 months, which is supplying supplies for Section 2 growth works – SOCIM and TIPSP Connection to Terminal Industriel Polyvalent de San Pedro (TIPSP) .
Financials and others
The Income from gross sales is Rs 313 Crore in Q1 FY26 versus Rs 242 crore in Q1 FY25 which is a rise of about 29 p.c YoY foundation. Equally there was a rise in Internet revenue of 40 p.c after we examine the Q1 FY25 revenue of Rs 16 crore with the Q1FY26 revenue of Rs 25 crore.
GPT Infraprojects Restricted is considered one of India’s fastest-growing building firms which specialises in EPC contracts for segments equivalent to railways, roads, bridges, and industrial sectors. It’s a multinational agency with concrete sleeper manufacturing crops unfold throughout India, South Africa, Namibia, and Ghana.
The order ebook as on date for the corporate stands at Rs 3,569 crore and its clientele consists of firms like Ircon Worldwide Ltd, Nationwide Freeway Authority of India, MRIDC and worldwide purchasers like Ghana Railway Firm Ltd and plenty of others.
The corporate is primarily a railway-focused infrastructure firm with presence in two enterprise segments, one is the infrastructure and different could be concrete sleepers. The order ebook consists of Rs 3,315.9 Crore from infrastructure and the remaining Rs 253.9 crore in concrete sleepers.
Written by Leon Mendonca
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