“While the revenue was lower than our expectations, the margin improvement and deal wins remained robust, driven by better utilisation of resources,” said Sumit Pokharna, IT analyst at Kotak Securities. “In the near term, the stock is likely to move up as the numbers are good.”
GR Infraprojects shares zoom 7% on bagging Rs 4,263 crore project from NHAI
Shares of GR Infraprojects rose by 6.9% as the company was selected for a Rs 4,263 crore project from NHAI, involving the construction and enhancement