Shares of GPT Infraprojects rallied as much as 8.59% to hit an intraday high of Rs 123.32 after the company announced securing a major railway infrastructure order worth Rs 483.72 crore from Rail Vikas Nigam Limited (RVNL).
The order was awarded by the Chief Project Manager, RVNL, Bhubaneswar, and involves the construction of Important Bridge 544, a 32×65.84-metre open-web steel girder bridge over the Mahanadi River. The bridge will be constructed at Chainage 406.305 km as part of the development of the third and fourth railway lines between the Nergundi–Barang section in the Khurda Road Division of East Coast Railway.
