India, Dec. 15 -- This is a construction company engaged in executing civil and infrastructure projects and also manufactures concrete sleepers for railways is now in the spotlight after it is declared as L1 bidder for Municipal Corporation of Greater Mumbai project.

With market capitalization of Rs. 1,352 cr, the shares of GPT Infraprojects Ltd are currently trading at Rs. 106.20 per share, surging more than 7% in today's market session, making a high of Rs. 110.75, up from its previous close of Rs. 103.40 per share.

About the contract GPT Infraprojects Limited has announced that RPS-GPT Joint Venture has been declared L1 (First Lowest bidder) for a major infrastructure project valued at Rs. 1,739.49 crore by the Municipal Corporation ...