- 22 Mar 2022
- ICICI Securities
GR Infra secures HAM project worth Rs.907 crore
GRINFRA - 1416 Change: 0.85 (0.06 %)News:GR Infra has emerged as L-1 bidder for NHAI's project viz. "four-Laning of Ujjain-Badnawar Section from 26.9 km to 96.00 km in Madhya Pradesh on HAM mode". The bid project cost was at Rs.907 crore
Views: GR Infra's order book as on December 31, 2021 was at Rs.14,599 crore (excluding L1 position in two metro rail projects amounting to Rs.1,185 crore). The recent order inflow is expected to strengthen its overall order book position further
Impact: Positive