G R Infraprojects inches up as its arm receives provisional completion certificate for Chhattisgarh project [Infrastructure]
AI Summary1 min read
TL;DR
G R Infraprojects' stock rises slightly after its subsidiary obtains a provisional completion certificate for a project in Chhattisgarh, highlighting its focus on civil construction, road development, and manufacturing.
Tags
Engineering - ConstructionInfrastructureG R InfraprojectsChhattisgarh projectcompletion certificateinfrastructurestock market
The company's principal business operations are broadly divided into three categories: (i) civil construction activities, under which it provide EPC services; (ii) development of roads, highways on a Build Operate Transfer (BOT) basis, including under annuity and Hybrid Annuity Model (HAM); and (iii) manufacturing activities, under which it process bitumen, manufacture thermoplastic road-marking paint, electric poles and road signage and fabricate and galvanize metal crash barriers.