GR Infraprojects

(Reuters) - Indian winemaker Sula Vineyards' shareholder Verlinvest is looking to sell up to a 12.56% stake in the company through a block deal, CNBC-TV 18 reported on Wednesday.

In the past one week, shares of this construction firm gained 1.7 per cent, as against 0.2 per cent rise in the S&P BSE Sensex

Stocks to Watch: Adani Green Energy (AGEL) has decided to review its capital expenditure (capex) plan of Rs 10,000 crore for financial year 2023-24 (FY24)

Market closing: The S&P BSE Sensex dropped 241 points to end at 60,826 levels in a broad-based sell-off. The Nifty50 gave up the 18,150-mark to close at 18,127, down 72 points

Infrastructure investment trust India Grid Trust and G R Infraprojects have joined hands to bid for identified power transmission projects worth Rs 5,000 crore. "India Grid Trust (IndiGrid), India's first listed power sector infrastructure investment trust (InvIT) and G R Infraprojects Ltd (GRIL), one of India's leading players in Infrastructure sector, have announced a strategic partnership in the Indian power transmission sector," an IndiGrid statement said. An agreement has been signed to jointly bid for identified TBCB (Tariff Based Competitive Bidding) transmission projects aggregating to approximately Rs 5,000 crore, it stated. The power ministry has recently unveiled a plan for investment of Rs 2,50,000 crore in building transmission infrastructure for meeting the vision of 500 GW of renewable energy capacity by 2030 to meet its energy transition goal. There is a meaningful opportunity for private sector to participate in the journey of energy transition and shape the future

No major negative disclosure from the CBI raid will be key triggers for future price performance, according to analysts at ICICI Securities.

A team of Central Bureau of Investigation conducted a The raids were conducted in connection with alleged irregularities in a national road highway project in Assam, as per the reports.

In Q3FY22, the company's consolidated profit after tax declined 65 per cent year-on-year to Rs 145 crore, due to lower operational income.

GR Infra's listing day gains were best this year after Indigo Paints, while the surge in Clean Science is now the fourth best, behind MTAR Tech

The stock more-than-doubled to list at Rs 1,700 over its issue price of Rs 837 per share on the BSE