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GR Infra jumps over 4% after it emerges L-1 bidder for Rs 872 cr project

In the past one week, shares of this construction firm gained 1.7 per cent, as against 0.2 per cent rise in the S&P BSE Sensex

The Parliamentary Standing Committee on Commerce has observed that a massive shortfall in the budgetary allocation of over Rs 1,900 crore by the finance ministry to the industry department
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SI Reporter New Delhi
Shares of GR Infraprojects jumped over 4 per cent to Rs 1,012 per share in Thursday's intra-day trade, after the company emerged as the L-1 bidder for a six-lane project worth Rs 872.17 crore in Maharashtra. In comparison, the S&P BSE Sensex traded 170 points lower at 58,045 levels, as of 9:55 am.
 
In the past one week, shares of this construction firm gained 1.7 per cent, as against 0.2 per cent rise in the S&P BSE Sensex. Earlier, the stock had hit a 52-week high of Rs 1,624 on June 18, 2022, however, it later nosedived to 52-week low

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First Published: Mar 23 2023 | 10:26 AM IST

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