GPT Infraprojects shares jumped as much as 11% to touch an intraday high of ₹119.13 on Wednesday, September 2, 2026, as the firm bagged a major order from Railway Vikas Nigam Limited (RVNL). As per NSE data, the stock was trading at ₹111.01 as of 2:22 PM, gaining 3.05% on the National Stock Exchange. The shares had previously surged 11% on Wednesday, marking the stock's biggest single-day gain since June 22, 2026. The stock has closed in the green for two out of the last 10 trading sessions, with the company's shares having declined 2.2% in the past month but rising 2.3% this year. This significant market response reflects investor confidence in the company's ability to execute the substantial infrastructure project.
GPT Infraprojects has been declared L1 (first lowest) bidder by Rail Vikas Nigam Limited (RVNL) for a significant infrastructure project. According to the company's exchange filing dated September 2, 2026, the contract involves construction of Important Bridge 544 (32x65.84m) Open Web Steel Girder over river Mahanadi at Chainage 406305 metres. The project is strategically located in connection with the construction of 3rd and 4th line between Nergundi-Barang section in the Khurda Road Division of East Coast Railway. This infrastructure development will enhance railway connectivity and capacity in the region, with the awarded contract entailing the construction of Bridge 544, which will consist of 32 spans, each measuring 65.84 metres using Open Web Steel Girder technology. The bridge will be constructed over the Mahanadi River in Odisha, marking another significant order win for GPT Infraprojects in the railway infrastructure segment.
The contract is valued at ₹483.7 crore, comprising ₹410 crore plus GST. As reported by NSE data, the actual cost of the project stands at ₹410 crore, while including GST, the contract value stands at ₹483.7 crore. The company's exchange filing confirms that the order includes "construction of an important bridge 544 with dimensions of 32x65.84 m, open web steel girder over the Mahanadi at Chainage 406305m in connection with the construction of 3rd and 4th lines between the Nergundi-Barang section in Khurda Road Division of East Coast Railway." The project has been awarded by Rail Vikas Nigam Limited, a key public-sector undertaking involved in the development and expansion of railway infrastructure across India. This represents a substantial infrastructure investment by RVNL for the railway expansion project, with the project scope including the construction of the steel girder bridge over the Mahanadi river. The client for this project is Rail Vikas Nigam Limited, a key player in railway infrastructure development, with GPT Infraprojects' successful bid as the L1 contractor underscoring its competitive edge in securing large-scale infrastructure projects.
The RVNL bridge contract win adds to GPT Infraprojects' recent project portfolio expansion. According to NSE data, the company informed exchanges last month that its wholly-owned subsidiary Alcon Builders and Engineers Pvt Ltd had been declared L1 in an order worth ₹97.31 crore from the office of the general manager Northeast Frontier Railway, Maligaon, Guwahati. That project involved provision of electronic interlocking at multiple stations including ADF (Adina), AZR (Azamnagar Road), KWE (Khurial), MXJ (Mangurjan), TMH (Tinmilehat), CAT (Chatterhat), SUD (Sudhani), TETA (Telta), PJP (Panjipara), and GIL (Gaisal) stations on HDN/HUN route of Katihar Division. The latest order comes shortly after GPT Infraprojects announced another railway contract through its wholly-owned subsidiary, with the two contracts announced within a week having a combined value of more than ₹581 crore, including the latest ₹483.7 crore bridge order and the earlier ₹97.31 crore contract.
According to NSE data, as of September 2, 2026, GPT Infraprojects has a total market capitalisation of ₹1,415.28 crore. The company's order backlog remained healthy at ₹4,303 crore by the end of the June quarter of the current fiscal year, with order inflow at ₹130 crore including incremental orders from existing contracts. GPT Infraprojects had reported a 3.4% year-on-year decline in consolidated revenue from operations to ₹302 crore in Q1 FY27, while its consolidated EBITDA increased 28.4% YoY to ₹47.5 crore, with EBITDA margin at 15.7%. The consolidated profit after tax rose 4.9% YoY to ₹24.6 crore, with PAT margin at 8.2%. On a standalone basis, revenue stood at ₹282.1 crore, down 9% YoY, while PAT declined marginally by 1.1% YoY to ₹22.3 crore. The stock has a 52-week high of ₹150 and low of ₹96.22, with mutual fund shareholding at 4.07%. Incorporated in 1980, GPT is the flagship company of GPT Group, based out of Kolkata, operating through two segments – infrastructure and sleeper.
