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Gayatri Projects rises as its JV bags an order worth Rs 143.42 crore

Gayatri Projects Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532767 | NSE: GAYAPROJ

16 Dec 2015 Evaluate

Gayatri Projects is currently trading at Rs. 715.00, up by 1.75 points or 0.25% from its previous closing of Rs. 713.25 on the BSE.

The scrip opened at Rs. 719.00 and has touched a high and low of Rs. 726.75 and Rs. 715.00 respectively. So far 2564 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 764.50 on 01-Dec-2015 and a 52 week low of Rs. 133.00 on 17-Dec-2014.

Last one week high and low of the scrip stood at Rs. 742.00 and Rs. 692.00 respectively. The current market cap of the company is Rs. 2550.65 crore.

The promoters holding in the company stood at 47.48% while Institutions and Non-Institutions held 40.06% and 12.47% respectively.

Gayatri Projects in Joint Venture with Vishwa Infrastructures and Services has bagged a new order worth Rs 143.42 crore from Government of Mizoram. The project involves the construction and completion of water distribution & feeder mains by providing and laying DI pipes of 185 Km and GI pipes of 71 Km as well as some road restoration. The project is being financed by the Asian Development Bank (ADB) and shall be completed in 48 months. The resulting infrastructure will supply water to the city of Aizwal, the capital of Mizoram.

This is the company's first foray into the fast growing and specialized water supply EPC industry, and Gayatri expects to significantly ramp-up its presence in this space over the next 2-3 years.

Gayatri Projects is a Hyderabad-based infrastructure and construction company with a presence across the segment, primarily undertaking road and irrigation projects.

Gayatri Projects Share Price

19.69 0.93 (4.96%)

17-Apr-2026 16:59 View Price Chart

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Gayatri Projects rises as its JV bags an order worth Rs 143.42 crore

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