Business Standard

G R Infraprojects hits all-time low; stock plunges 22% thus far in February

In Q3FY22, the company's consolidated profit after tax declined 65 per cent year-on-year to Rs 145 crore, due to lower operational income.

National Highway, highways, road, NHAI

SI Reporter Mumbai
Shares of G R Infraprojects hit an all-time low of Rs 1,485.80, down 4 per cent on the BSE in Friday’s intra-day trade. The stock of construction & engineering company has fallen 22 per cent thus far in the month of February after the company reported subdued earnings for the December quarter (Q3FY22). In comparison the S&P BSE Sensex was down 0.39 per cent during the same period.

G R Infraprojects made its stock market debut on July 19, 2021. The Rajasthan-based roads and highways construction major raised Rs 963 crore via initial public offer (IPO). The company had

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First Published: Feb 18 2022 | 2:55 PM IST

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