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Gayatri Projects zooms on receiving LOA from NHAI

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

22 Aug 2011 Evaluate

Gayatri Projects is currently trading at Rs. 145.15, up by 4.65 points or 3.31% from its previous closing of Rs. 140.50 on the BSE.

The scrip opened at Rs. 144.00 and has touched a high and low of Rs. 147.90 and Rs. 141.00 respectively. So far 18,0000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 448.45 on 02-Sep-2010 and a 52 week low of Rs. 130.50 on 19-Aug-2011.

Last one week high and low of the scrip stood at Rs. 189.60 and Rs. 130.50 respectively. The current market cap of the company is Rs. 165 crore.

The promoters holding in the company stood at 54.99% while Institutions and Non-Institutions held 17.64% and 27.37% respectively.

Gayatri Projects has received letter of award (LOA) from National Highways Authority of India (NHAI) with regard to Four Lanning of Panikoill - Rimuli Section of NH-215 from Km 0.000 to Km163.000 in the State of Orissa to be executed on BOT (Toll) Project on DBFO Pattern under NHDP Phase-III. The board of directors at its meeting held on August 22, 2011 took note of it.

Recently, Gayatri Projects had bagged new order for supply and erection work of 400KV D/C Mundra- Zerda line no. 1 on turnkey basis package III 156.103km from Gujarat Energy Transmission Corporation. As per the company estimates the cost of the project would be Rs 42.47 crore and Rs 7.58 crores for supply and erection work respectively. The total cost of the project will be 50.06 crore.

Gayatri Projects (GPL), an ISO 9001 - 2000 company, is one of the fastest growing construction companies in India executing major civil works including construction of concrete/masonry dams, earthen dams, national highways, bridges, canals, aqueducts, airports, ports, etc.

Gayatri Projects Share Price

19.69 0.93 (4.96%)

17-Apr-2026 16:59 View Price Chart

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Gayatri Projects zooms on receiving LOA from NHAI

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