G R Infraprojects secured a significant highway construction order worth ₹4,263 crore from the National Highway Authority of India (NHAI) on March 23, 2026. According to the company's NSE filing, the contract involves constructing a 6-lane Agra-Gwalior Greenfield Road and improving the existing Agra-Gwalior section, spanning across Uttar Pradesh, Rajasthan, and Madhya Pradesh. The project will be executed under the DBFOT model with a 910-day completion period. The company received the letter of award dated March 23, 2026, and the order was approved on Monday after being received on March 18.
The highway project is scheduled for completion within 910 days from the date of appointment of the contract, as reported by NSE data. The company informed stock exchanges that it is pleased to receive this significant infrastructure development opportunity from the National Highways Authority of India. This substantial order represents a major addition to the company's project portfolio in the highway construction sector and is expected to enhance the company's order book, reinforce its market position in the highway construction sector, and provide revenue visibility for the coming years.
G R Infraprojects closed 1.41% lower at ₹847.60 on Monday, March 23, compared to ₹859.70 in the previous session, according to NSE data. The stock has experienced significant decline over longer periods, losing more than 15% in three years and over 18% in the last one year period. Year-to-date performance shows the stock down 15.21% in 2026 so far, with shares dropping 14.04% in one month and 7.75% in the last five trading sessions.
The company's market capitalisation stood at ₹8,201.42 crore as of the previous stock market close. G R Infraprojects shares hit their year-high level at ₹1,444.40 on June 10, 2025, while the year-low level was recorded at ₹822.05 on March 23. Following its board meeting on February 13, the company approved a ₹2.50 per share dividend with face value of ₹5 apiece for financial year 2025-26, which was paid to shareholders based on the record date of February 19.
