G R Infraprojects Limited's share price soared over 10% on Wednesday, March 19, 2025, after securing a ₹4,262.78 crores highway project from the National Highways Authority of India (NHAI). At 9:45 AM, the stock was trading at ₹1,038.45 apiece on the National Stock Exchange (NSE), reflecting a 10.40% increase. Investors looking to capitalise on such movements can easily buy shares online and take advantage of emerging infrastructure opportunities.
The Agra-Gwalior Greenfield Road project involves the construction of a six-lane access-controlled highway, stretching from Deori village in Agra, Uttar Pradesh, to Susera village in Gwalior, Madhya Pradesh. Additionally, the contract includes strengthening and road safety enhancements on an existing section of NH-44, spanning Uttar Pradesh, Rajasthan, and Madhya Pradesh. The company has 910 days to complete the project, as per its exchange filing.
Expansion and financial growth
This major highway contract follows G R Infraprojects' recent agreement with the Government of Assam to develop a ₹270 crores ropeway project from Sonaram Field to Bhubaneshwari Temple in Guwahati. The state government will facilitate approvals and clearances, ensuring smooth execution. As infrastructure projects expand, many investors turn to buying shares online for exposure to the growing sector.
Financially, G R Infraprojects posted a 7.8% year-on-year increase in net profit, reaching ₹261.7 crores in Q3 FY25. However, revenue declined by 20.6% to ₹1,694.5 crores compared to ₹2,134 crores in the same quarter last year. Despite this, the company's strong project pipeline continues to attract market attention, making it an interesting option for those planning to buy shares online in the infrastructure space.
Summing up
G R Infraprojects' stock surged over 10% after securing a ₹4,263 crores NHAI highway project. This win adds to its growing portfolio, including the ₹270 crores Assam ropeway project. While revenue declined in Q3 FY25, net profit grew, reflecting resilience. With infrastructure stocks gaining traction, investors can explore opportunities to buy shares online and participate in this growth story.
As of 10:45 AM on March 19, 2025, the stock continued its upward momentum, trading at ₹1,057.10 on the NSE, marking a 12.38% increase for the day.
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