Introduction:
Infra stock has secured a ₹70.76 crore work order from NHAI for toll collection at Newadakanthi fee plaza on the Aligarh-Kanpur section of NH 91. Awarded through competitive bidding, the contract strengthens its presence in India’s highway infrastructure sector.
Share Price movement of B.R. Goyal Infrastructure:
On March 7, 2025, B.R. Goyal Infrastructure Ltd opened at ₹120.00, reaching a high of ₹130.85, up 7.87% from its previous close of ₹120.50, and a low of ₹120.00. The stock is currently trading at ₹123.00, with a market cap of ₹293.04 crore.
B.R. Goyal Infrastructure share price rise:
B.R. Goyal Infrastructure Limited has secured a ₹70.76 crore work order from the National Highways Authority of India (NHAI) for user fee collection at Newadakanthi fee plaza on the Aligarh-Kanpur section of National Highway 91 in Uttar Pradesh. The contract was awarded through competitive e-tender bidding.
The contract, classified as a Letter of Acceptance (LOA), will be executed over one year and involves toll collection operations for vehicles using the four or more-lane highway. This project strengthens the company’s role in India’s highway infrastructure management sector.
This order does not involve promoter interest or related party transactions. The contract enhances B.R. Goyal Infrastructure’s market position, showcasing its expertise in toll collection services while contributing to the efficient management of national highways in India.
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Recent news About B.R. Goyal Infrastructure:
B.R. Goyal Infrastructure has secured a ₹30.71 crore contract from Bhavnagar Municipal Corporation for constructing a white-topping road from Mahila College Circle to Bhavnagar Airport, Gujarat. The project is scheduled for completion within eight months.
Stock performance of B.R. Goyal Infrastructure for Period of 1 week:
B.R. Goyal Infrastructure’s stock surged 17.4% over one week, reflecting strong short-term momentum. This sharp rise indicates increased investor confidence, possibly driven by recent contract wins and positive market sentiment, strengthening its position in the infrastructure sector.
Shareholding pattern of B.R. Goyal Infrastructure:
Summary | Jan 10, 2025 |
Promoter | 73% |
FII | 3.70% |
DII | 8.80% |
Public | 14.50% |
About B.R. Goyal Infrastructure:
B.R. Goyal Infrastructure is a leading construction company specializing in road development, highways, and infrastructure projects. With expertise in toll collection and civil works, it plays a key role in India’s transportation sector, executing large-scale projects for government and private entities.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.