Kolkata-based GPT Infraprojects Ltd on Wednesday said that it has bagged a new order worth Rs 129 crore from Eastern Railway.

According to the company, the order involves “construction of new important rail bridge no.340 on sub structure with well foundation and pile foundation and supply, assembly, fabricating and launching of open web steel and plate girder over feeder canal between Ahiron and Sujinipara including earthwork in connection with doubling work between Monigram – Nimtita of Eastern Railway.

The project has a completion period of 24 months, it added.

Incorporated in 1980, GPT Infra is a flagship company of the GPT Group, a real estate investment trust which focuses on active ownership of Australian real estate in a portfolio that includes retail, office and logistics and business park assets. The company operates through two business divisions–infrastructure and sleepers.

Shares of the company surged more than 5% on Wednesday morning trade after the news came in. At 12.06 pm, the Rs 10 face value shares were trading at Rs 198.05, up 3.23% from the previous closing of Rs 191.85.

here is company details.

 

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