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GPT Infraprojects jumps on acquiring further stake in Jogbani Highway

31 Jan 2024 Evaluate

GPT Infraprojects is currently trading at Rs. 199.00, up by 3.85 points or 1.97% from its previous closing of Rs. 195.15 on the BSE.

The scrip opened at Rs. 199.00 and has touched a high and low of Rs. 199.00 and Rs. 198.95 respectively. So far 16662 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 199.00 on 31-Jan-2024 and a 52 week low of Rs. 42.65 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 199.00 and Rs. 187.00 respectively. The current market cap of the company is Rs. 1157.62 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 4.26% and 20.74% respectively.

GPT Infraprojects has acquired the balance 12,00,000 equity shares of Rs 10 each, at a value of Rs 10 per share of Jogbani Highway (JHPL), a subsidiary of the Company from RDS Project, an existing shareholder of JHPL for an amount aggregating to Rs 1.20 crore (Transaction). Consequent to this Transaction, JHPL has now become wholly owned subsidiary of the Company and the Company now holds 100% equity stake in JHPL.

GPT Infraprojects, the flagship company of the GPT Group is a premier Infrastructure company based out of Kolkata, India.


GPT Infraprojects Share Price

111.62 -0.08 (-0.07%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3953.90
Rail Vikas Nigam 272.00
NCC 151.85
KEC International 563.95
Kalpataru Projects 1171.40
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