This multibagger stock registered a fresh year on 14 September 2022 – this multibagger stock registered a fresh year

Mumbai –GPT Infraprojects Limited has delivered multibagger returns to shareholders in the last two years. During this period the share price of the company on September 14, 2020 was Rs. 30 on 14 September 2022 from Rs. reached 121.85. It increased by 306.16% during this period of two years.

GPT Infraprojects Limited is the flagship company of GPT Group. It is a leading infrastructure company based in Kolkata, India, engaged in implementation of civil and infrastructure projects and manufacturing of concrete sleepers for railways. The company has strong project execution capabilities, a strong financial base and enviable growth in all areas of operations.

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On Wednesday, September 14, the company has received a work contract worth Rs 173 crore from Northern Railway. This work is for doubling of railway tracks between Ludhiana and Kila Raipur (17.17 km). This includes 25 KV High Grade OHE Railway Electrification and Signaling and Telecom Engineering Procurement and Construction (EPC) works.

As of 15 September 2022 at 9:45 AM, the company’s stock is down 3.20%. It is Rs. Trading at 117.95.
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