Smallcap GPT Infraprojects Bags ₹1804 Cr MCGM Flyover Order, Stock Jumps

• GPT Infraprojects, a BSE Smallcap company, secured a ₹1804.48 crore order from Municipal Corporation of Greater Mumbai (MCGM).
• The order is for the construction of a flyover on LBS Marg, to be completed in 36 months (excluding monsoon).
• GPT Infraprojects holds a 26% stake (₹469.16 crore) in this joint venture project.
• The company was also recently declared L1 bidder for a ₹199.17 crore North Eastern Railway project for two bridges over the Rapti River.
• The stock closed nearly 3% higher on Thursday, with the major order announcement coming after market hours.

Why It Matters: GPT Infraprojects bags major ₹1804 Cr MCGM order, boosting its project pipeline and stock.