G R Infraprojects hit an all-time low of Rs 1,485.80, down 4 per cent on the BSE in Friday’s intra-day trade. The stock of construction & engineering company has fallen 22 per cent thus far in the month of February after the company reported subdued earnings for the December quarter (Q3FY22). In comparison the S&P BSE Sensex was down 0.39 per cent during the same period.

• Vedanta Outlook for the Week (May 06, 2024 – May 10, 2024)
• Tata Steel Outlook for the Week (May 06, 2024 – May 10, 2024)
• PFC Outlook for the Week (May 06, 2024 – May 10, 2024)
• Piramal Enterprises Outlook for the Week (May 06, 2024 – May 10, 2024)
• MANAPPURAM Outlook for the Week (May 06, 2024 – May 10, 2024)

G R Infraprojects made its stock market debut on July 19, 2021. The Rajasthan-based roads and highways construction major raised Rs 963 crore via initial public offer (IPO). The company had issued shares at Rs 837 per share. With the current month’s fall, the stock has corrected 35 per cent from its record high level of Rs 2,277 hit on October 25, 2021.