GPT Infraprojects Soars 10%, Registers 366% Surge in a Year

GPT Infraprojects Soars 10%, Registers 366% Surge in a Year

Post by : Raina Mansoor

April 25, 2024 12:31 p.m. 11444

So far this year, GPT Infra Projects has continued its upward trajectory, with its shares witnessing a remarkable surge of nearly 24%, building on an impressive multibagger return of 203% in CY23. Looking back at previous years, the company's shares have shown consistent growth, recording returns of 34% in CY22, 71.40% in CY21, and 23% in CY20, respectively.

In a recent development, GPT Infra Projects' shares surged by 10% for the second consecutive session on Thursday, reaching ₹207 apiece. This surge follows a significant gain of nearly 9% in the previous trading session, attributed to the joint venture securing a substantial order valued at ₹487 crore from Central Railway, Mumbai. The order involves the construction of a new BG line in the Solapur-Osmanabad section of the Solapur Division.

Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel

Furthermore, in March, the company, in collaboration with its joint venture partner, secured another significant order worth ₹135 crore from North Central Railway, Agra, Uttar Pradesh. This was preceded by yet another joint venture order valued at ₹114 crore from East Central Railway Mahendrughat, Patna, Bihar, in February.

GPT Infra Projects, headquartered in Kolkata, is the flagship company of the GPT Group, operating primarily in two segments: infrastructure and sleeper. Established in 2004, the company has emerged as a key player in the infrastructure sector, particularly in the railway domain. It specializes in executing civil and infrastructure projects, with a notable focus on constructing large bridges and ROBs for railways.

In addition to its infrastructure activities, GPT is actively engaged in the sleeper segment, manufacturing and supplying concrete sleepers to railways, serving both the Indian and African markets.

The company's shares have consistently maintained an upward trend since April of the previous year, closing positively for ten consecutive months leading up to January. November witnessed the highest monthly gain of 25%. Over the past year, the shares have gained a staggering 366%, reflecting the company's robust performance and investor confidence in its growth prospects.

Al Fardan Group donates AED 5m to UAE orphan endowment

Al Fardan Group contributes AED 5 million to Abu Dhabi’s Mother of the Nation Endowment for Orphans,

March 12, 2026 4:19 p.m. 119

Estithmar Holding Net Profit Jumps 122% in 2025 on Strong Expansion

Estithmar Holding posts 122% profit growth in 2025 as revenue reaches QAR 6.4bn, driven by expansion

March 12, 2026 3:46 p.m. 128

COCO by Cotton Collection Launches Eid-to-Spring Edit

COCO by Cotton Collection unveils a new Eid-to-spring fashion edit in Dubai featuring breathable cot

March 12, 2026 3:28 p.m. 129

Pope Leo XIV Urges Global Prayers for Peace Amid Middle East Tensions

Pope Leo XIV urges global prayers for peace in Iran and the Middle East, mourning victims and a Leba

March 12, 2026 2:49 p.m. 127

Bumble Shares Jump 20% After Strong Q4 Revenue Beat

Bumble reports $224.2M Q4 revenue above estimates and unveils AI-powered features and Bumble 2.0 red

March 12, 2026 1:31 p.m. 127

Dubai Chamber Holds 35 Meetings to Boost Business Growth

Dubai Chamber of Commerce held 35 meetings with Business Groups and Councils to boost private sector

March 12, 2026 1:25 p.m. 142

DP World Reports Record 2025 Revenue and Profit Growth

DP World reported record 2025 results with revenue up 22% to $24.4B, profit rising 32% to $1.96B and

March 12, 2026 12:58 p.m. 148

Ukraine Offers Low-Cost Drone Interceptors to Get Patriot Missiles

Ukraine offers low-cost interceptor drones to the US and Gulf nations to counter Iranian drones, hop

March 12, 2026 12:48 p.m. 152

South Korea ICT Exports Double as AI Chip Demand Surges

South Korea’s ICT exports jumped to $33.6B in February, driven by soaring semiconductor demand amid

March 12, 2026 12:36 p.m. 150
Sponsored
https://markaziasolutions.com/
Trending News

Bank of Baroda Faces Abu Dhabi Legal Battle over NMC Collapse

Bank of Baroda’s involvement in Abu Dhabi litigation tied to the NMC Healthcare collapse raises repu

Feb. 23, 2026 6:01 p.m. 512

Top Museum Openings of 2026 Set to Transform Global Tourism

From Los Angeles to Abu Dhabi and Brussels, 2026 brings major museum launches—Lucas Museum, Guggenhe

Feb. 23, 2026 5:36 p.m. 511

UAE Tour Highlights UAE’s Strength in Hosting Global Sports Events

Abu Dhabi Sports Council says the successful UAE Tour reflects the UAE’s leading role in hosting maj

Feb. 23, 2026 4:21 p.m. 474

EU Seeks Clarity from US After Supreme Court IEEPA Ruling

European Commission urges full transparency from the US on steps after Supreme Court ruling, emphasi

Feb. 23, 2026 4:04 p.m. 451

SpaceX Launches 53 New Satellites for Expanding Starlink Network

SpaceX launches 53 Starlink satellites in two Falcon 9 missions, breaking reuse records and expandin

Feb. 23, 2026 3:51 p.m. 451

RTA Awards Contract for Phase II of Hessa Street Upgrade in Dubai

Phase II of Hessa Street Development to add bridges, tunnel, and upgraded intersections, doubling ca

Feb. 23, 2026 3:20 p.m. 538

UAE Gold Prices Today, Monday 16 February 2026: Dubai & Abu Dhabi Updated Rates

Gold prices in UAE on 16 Feb 2026 updated: 24K around AED 599.75/gm, 22K AED 555.25/gm, and 18K AED

Feb. 16, 2026 6:04 p.m. 1126

Over 25 Ahmedabad Schools Receive Bomb Threat Email, Authorities Investigate

More than 25 schools in Ahmedabad evacuated after bomb threat emails mentioning Khalistan. Authoriti

Feb. 16, 2026 2:34 p.m. 511