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The order was awarded by the Chief Project Manager, RVNL, Bhubaneswar, and involves the construction of Important Bridge 544, a 32×65.84-metre open-web steel girder bridge over the Mahanadi River. The bridge will be constructed at Chainage 406.305 km as part of the development of the third and fourth railway lines between the Nergundi–Barang section in the Khurda Road Division of East Coast Railway. The contract is valued at Rs 409.94 crore and is scheduled to be completed within 1,095 days from the appointed date. The company said the order is a domestic railway bridge project and clarified that the promoter, promoter group and group companies have no interest in RVNL. It also stated that the contract does not constitute a related-party transaction. The fresh order adds to GPT Infraprojects’ railway infrastructure portfolio and comes as the company continues to secure projects in the transportation and infrastructure segment. Following the latest order win, the company’s outstanding order book stands at Rs 4,992 crore, while its total order inflow for Fiscal 2027 has reached Rs 818 crore. Following today’s rally, GPT Infraprojects’ market capitalisation climbed to around Rs 1,440 crore, while the stock’s 52-week high stands at Rs 150. On the technical front, the stock’s 14-day Relative Strength Index (RSI) stood at 50.9. An RSI reading below 30 is generally considered to indicate an oversold zone, while a reading above 70 is viewed as overbought. GPT Infraprojects is currently trading above all 8 of its key Simple Moving Averages (SMAs), indicating that the stock is positioned above these commonly tracked technical benchmarks. The company also witnessed a modest increase in foreign investor ownership during the June 2026 quarter. FII/FPI holdings rose to 2.96% from 2.72% in the previous quarter. Meanwhile, mutual fund holdings remained unchanged at 4.07% during the June 2026 quarter. Disclaimer: The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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