 "GMR Infrastructure rises after consortium wins freight corridor project")
The consortium has been issued a Letter of Award for the railway project at a cost of Rs 2280.70 crore on engineering, procurement and construction basis, the company said in a release.
The first package comprises of 175km single line connecting Sahnewal and Pilkhani that passes through Uttar Pradesh, Haryana and Punjab. The other package is a 46km double line corridor in Uttar Pradesh connecting Dadri and Khurja, the release added.
The stock touched a high of Rs 12 in intra-day trade. At 11:50am, over 14.5 million shares were traded on both the stock exchanges.
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