GPT Infraprojects Share: GPT Infraprojects Limited, the flagship company of GPT Group, has been making waves in the civil and infrastructure sectors. The company has emerged as a major player in the infrastructure sector with a focus on projects related to railways, roads, power and industrial development. Notably, GPT Infraprojects also manufactures Railway Concrete Sleepers showcasing its diverse capabilities.
The company has seen a great journey over the years, seeing substantial growth and a rise in its stock price. The stock has given over 700 per cent returns in the last three years, making it an attractive investment opportunity. In this news release we will look at the factors that have contributed to this success and find out why GPT Infraprojects is attracting investor attention.
Company Weekly Chart
The weekly chart of GPT Infraprojects share price paints a remarkable bullish picture.
Let us tell you that in the year 2020, the share price was around Rs 14 per share and by 2023 it has crossed the level of Rs 120. This impressive surge can be entirely attributed to the company’s strong fundamentals and recent large order wins, which have strengthened its position in the market.
Impressive results of the second quarter of the financial year 2023-24
GPT Infraprojects Limited reported strong results in the second quarter of FY 2023-24, which reflects its financial strength. Net sales witnessed an impressive growth of 53 per cent, reaching Rs 233.63 crore as compared to Rs 152.70 crore in the same quarter last year.
The operating profit of the company witnessed a substantial growth of 57.48 per cent, which shows the operational efficiency of the company. Net profit for the quarter stood at Rs 14.00 crore, up 206.3 per cent over last year. With a market capitalization of Rs 749 crore, return on capital employed (ROCE) of 14.2 per cent and return on equity (ROE) of 11.1 per cent, GPT Infraprojects is proving to be a strong investment.
The revenue flow of GPT Company has been well diversified, with the infrastructure segment contributing Rs 210 crore, which is 89 per cent of the total revenue, and the sleeper segment adding Rs 24 crore.
Order Win: A Historic Achievement
Let us tell you that one of the major reasons for the success of GPT Infraprojects is its recent big order win. The company won a significant order for construction of Prayagraj Southern Bypass in Uttar Pradesh with a design length of 7.660 km. The project is part of Bharatmala under NH-19 on EPC mode, highlighting the company’s strong project capabilities. The outstanding order book for the company now stands at an impressive Rs 2838 crore, with total order flow for FY2024 at Rs 1019 crore.
GPT Infraprojects has many special clients
GPT Infraprojects has an impressive clientele, which includes some of the largest and most prestigious railway customers in India, Asia and Africa. Indian Railways, IRCON International Limited, TransNamib Holdings Limited, Sri Lanka Railways, Bangladesh Railways, Myanmar Railways, National Highways and Infrastructure Development Corporation Limited, among others are part of the company’s portfolio. This diverse and esteemed client base speaks volumes for the trust and confidence reposed in GPT Infraprojects.
What is clear here is that GPT Infraprojects’ impressive growth trajectory along with the driving forces behind its success make it an attractive investment prospect. But still it is strongly recommended that investors do deep research. Also, align your investment decisions with your unique financial objectives and ultimately make a wise choice.
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