This infra stock in focus today on Rs 4,263-crore project win 

Shares of G R Infraprojects Ltd are in news today after the company emerged as selected bidder from National Highways Authority of India for a project worth Rs 4,262.78 crore. The stock ended 3.31% lower at Rs 958.40 on Thursday on BSE. Market cap of the firm stood at Rs 9271.59 crore .

A total of 7460 shares of the firm changed hands amounting to a turnover of Rs 71.75 lakh.

G R Infraprojects shares have a beta of 1.2, indicating average volatility in a year.

In terms of technicals, the relative strength index (RSI) of the G R Infraprojects stock stands at 35.4, signaling it's trading neither in the overbought nor in the oversold zone.

The project included construction of Agra-Gwalior Greenfield Road comprising of development of 6 lane of access controlled Agra-Gwalior greenfield highway and overlay/strengthening, other road safety and improvement works on existing Agra- Gwalior section of NH-44 in the state of Uttar Pradesh, Rajasthan and Madhya Pradesh on DBFOT pattern at BOT (Toll) Mode under NH(O) scheme.