GPT Infraprojects announced that its JV GPT-Bhartia has bagged an order worth Rs 1.59 billion (the company's share being 51%). The contract details are as follows- Name of the entity awarding the contract : Office of the General Manager/Con., Northeast Frontier Railway, Maligoan, Guwahati.
Nature of contract: Construction of substructure of Bridge No - 134 and Chum test of piles of Bridges No 148, 169A, 169B, 169C, 171, 172 & 174 including other ancillary works in connection with construction of New BG line from Jiribam to Imphal (Manipur) Project in NF Railway.
The stock had underperformed the market over the past one month till Nov. 26, 2018, falling 6.85% compared with the Sensex's 6.01% rise. It underperformed the market in past one quarter, declining 56.94% as against 7.58% fall in the Sensex.
Shares of the company gained Rs 3.1, or 5%, to trade at Rs 65.10. The total volume of shares traded was 100 at the BSE (9.32 a.m., Tuesday).