GPT Infraprojects shares zoom 6% after being declared L1 bidder for Rs 670 crore NHAI project

Shares of GPT Infraprojects zoomed 5.6% to an intraday high of Rs 117 on the BSE on Tuesday, December 23, after the company announced that it has been declared the L1 bidder for a Rs 670-crore infrastructure project awarded by the National Highway Authority of India (NHAI).The order has been secured through a consortium arrangement and was disclosed by the company in a regulatory filing on Monday.In its exchange filing, GPT Infraprojects stated that it has been declared L1 for the project in consortium with ISCPPL. The total order value stands at Rs 670 crore, and the bid has been submitted in the name of GPT-ISCPPL (Consortium). “In compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We are pleased to inform you that GPT Infraprojects Limited (GPTINFRA) has been declared L1 (First Lowest) in order valued at Rs. 670 Crore in consortium with ISCPPL today, Monday, December 22, 2025,” the company disclosed in a regulatory filing.The project involves the construction of a four-lane elevated road in Jodhpur city in Rajasthan. According to the details shared by the company, the stretch will run from Mahamandir, marked as chainage 0+000, to Akhaliya Chouraha at chainage 7+633.The construction will be executed under the Hybrid Annuity Model (HAM), which is commonly used for highway infrastructure projects awarded by NHAI.On Monday, the shares of GPT Infraprojects closed flat at Rs 107.75 on the BSE.Also read: Axis Securities sees Nifty at 28,100 by 2026: Key growth drivers, top 9 stock picks, and 5 sector themes explained(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)