Mumbai, September 4 (Kiran News): Shares of GHV Infra Projects moved higher on Thursday after the company announced that it had received a Letter of Intent (LOI) for a sub-contract valued at approximately ₹120 crore.
The stock was trading at ₹1,397.95 on the BSE, up by ₹29.85 or 2.18% from its previous close of ₹1,368.10. The scrip opened at ₹1,345.00 and touched an intraday high of ₹1,401.00 and a low of ₹1,345.00, with 1,842 shares changing hands during the session.
The company’s market capitalisation currently stands at ₹1,965.92 crore. The stock has a 52-week high of ₹1,779.35 recorded on August 12, 2025, and a 52-week low of ₹19.78 on October 22, 2024. Over the past week, it has traded between ₹1,534.40 and ₹1,345.00.
Promoters hold 73.98% in the company, while non-institutional investors account for 26.02%.
The LOI, issued by GHV (India), pertains to engineering and construction work for the integrated redevelopment of a railway station under the South Eastern Railway in Jharkhand. The sub-contract is expected to be completed within three years from the commencement date.
GHV Infra Projects is engaged in the manufacture of a diverse range of multi-application paperboards and allied products, with a focus on the packaging and stationery segments of the paper industry.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.