GPT Infraprojects Subsidiary Awarded Contract Valued at Rs. 97.31 Crore by Northeast Frontier Railway
GPT Infraprojects Limited's Wholly Owned Subsidiary has secured a significant contract valued at Rs. 97.31 Crore. The contract was awarded by the Office of the General Manager Northeast Frontier Railway in Guwahati.The subsidiary, Alcon Builders and Engineers Private Limited, was declared the First Lowest (L1) bidder for the project.
The contract details are as follows:
| Client Name | Contract Size | Nature of Contract |
|---|---|---|
| Office of the General Manager Northeast Frontier Railway, Maligaon, Guwahati-781011 | Rs. 97.31 Crore | Provision of Electronic Interlocking at ADF (Adina), AZR (Azamnagar Road), KWE (Khurial), MXJ (Mangurjan), TMH (Tinmilehat), CAT (Chatterhat), SUD (Sudhani), TETA (Telta), PJP (Panjipara), and GIL (Gaisal) stations on HDN/HUN route of Katihar Division |
The successful bid represents a key business win for GPT Infraprojects Limited's subsidiary in the infrastructure sector.
GPTINFRA Stock Price Movement
Today, GPT Infraprojects Limited shares edged higher to close at ₹113.34, settling up 0.88% after trading in the construction sector. The equity saw a robust trading day, with 53,540 shares changing hands as the stock ranged between an intraday low of ₹112.41 and a high of ₹114.44.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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