GMR Infra shares climb 3%

PTI Updated - January 20, 2018 at 07:09 PM.

Shares of GMR Infrastructure Ltd today climbed 3 per cent as the company won an order worth Rs 2,280 crore on the eastern dedicated freight corridor railway project.

The stock rose 2.78 per cent to settle at Rs 11.84 on the BSE.

Intra-day, it gained 4.16 per cent to Rs 12.

On the NSE, it rose 3 per cent to close at Rs 11.85.

Its market valuation also went up by Rs 193.56 crore to Rs 7,146.56 crore.

On the volume front, 29.16 lakh shares of the company were traded on the BSE and over one crore shares changed hands on the NSE during the day.

GMR Infrastructure Ltd had announced yesterday that it has been awarded two more packages on the eastern dedicated freight corridor worth Rs 2,280.70 crore.

The consortium has been issued a letter of award for the construction of 221-km-long eastern corridor railway project on engineering, procurement and construction (EPC) mode, GMR had informed the BSE.

Published on June 8, 2016 11:20