GPT Infraprojects shares surge 9% after securing Rs 484 crore railway order from RVNL

Synopsis

GPT Infraprojects shares rallied nearly 9% after the company secured a major railway bridge order from RVNL. The contract strengthened its order book to Rs 4,992 crore, while FY27 order inflows reached Rs 818 crore.

Shares of GPT Infraprojects rallied as much as 8.59% to hit an intraday high of Rs 123.32 after the company announced securing a major railway infrastructure order worth Rs 483.72 crore from Rail Vikas Nigam Limited (RVNL).

The order was awarded by the Chief Project Manager, RVNL, Bhubaneswar, and involves the construction of Important Bridge 544, a 32×65.84-metre open-web steel girder bridge over the Mahanadi River. The bridge will be constructed at Chainage 406.305 km as part of the development of the third and fourth railway lines between the Nergundi–Barang section in the Khurda Road Division of East Coast Railway.

The contract is valued at Rs 409.94 crore and is scheduled to be completed within 1,095 days from the appointed date.

The company said the order is a domestic railway bridge project and clarified that the promoter, promoter group and group companies have no interest in RVNL. It also stated that the contract does not constitute a related-party transaction.

The fresh order adds to GPT Infraprojects’ railway infrastructure portfolio and comes as the company continues to secure projects in the transportation and infrastructure segment.

Following the latest order win, the company’s outstanding order book stands at Rs 4,992 crore, while its total order inflow for Fiscal 2027 has reached Rs 818 crore.

Following today’s rally, GPT Infraprojects’ market capitalisation climbed to around Rs 1,440 crore, while the stock’s 52-week high stands at Rs 150.

On the technical front, the stock’s 14-day Relative Strength Index (RSI) stood at 50.9. An RSI reading below 30 is generally considered to indicate an oversold zone, while a reading above 70 is viewed as overbought.

GPT Infraprojects is currently trading above all 8 of its key Simple Moving Averages (SMAs), indicating that the stock is positioned above these commonly tracked technical benchmarks.

The company also witnessed a modest increase in foreign investor ownership during the June 2026 quarter. FII/FPI holdings rose to 2.96% from 2.72% in the previous quarter.

Meanwhile, mutual fund holdings remained unchanged at 4.07% during the June 2026 quarter.

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