GPT Infraprojects has received order for construction of rail line.

In a filing the company stated, “The company has bagged an order valued at Rs.245.33 crore. This Contract is in joint venture in the name GPTSEL-CCCL of which GPT’s share is 34%.” The value of this 34% share is worth Rs.83.41 crore.

Further, the contract is for construction of rail line in connection with construction of Ruppur Nuclear Power Plant & other ancillary works, in Bangladesh and the completion period for contract is 18 months.

Read EquityPandit’s Technical Analysis of Nifty Outlook for the Week