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GPT Infraprojects Share Price in Focus as Subsidiary Secures ₹85.53 Crore Railway Contract

Written by: Team Angel OneUpdated on: 12 Sept 2026, 6:56 pm IST
GPT Infraprojects' subsidiary, Alcon Builders, wins a ₹85.53 crore contract from Eastern Railway for signalling works in Asansol Division.
GPT Infraprojects Share Price in Focus
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On September 12, 2026, GPT Infraprojects Limited announced a contract win by its wholly owned subsidiary, Alcon Builders and Engineers Private Limited, as per the exchange filings.  

The contract, valued at ₹85.53 crore, was awarded by CSTE Con, Eastern Railway, Kolkata. 

Details of the Railway Contract 

The infrastructure contract awarded to Alcon Builders involves signalling works within the Asansol Division of the Eastern Railway network.  

The project covers a section distance of approximately 25 kilometres and includes the commissioning of auto signalling work using MSDAC for continuous track circuiting.  

The total contract value is ₹85.53 crore, inclusive of GST, with a pre-GST value of ₹72.48 crore. 

Project Scope and Timeline 

The project is set to be completed within 12 months from the Letter of Acceptance (LOA). The technical scope of the contract focuses on enhancing railway signalling systems, which is crucial for maintaining efficient and safe railway operations. 

Corporate Background and Infrastructure 

Incorporated in 1980, GPT Infraprojects is a Kolkata-based company specialising in civil infrastructure projects. It operates through its Infrastructure and Sleeper segments, executing large projects such as bridges and rail overbridges.  

The company also owns concrete sleeper manufacturing units in Panagarh, Ladysmith, Tsumeb, and Eshiem, supporting operations across India and several African nations. 

Read More: Shilpa Medicare Share Price Gains Over 2%; Receives Final SEC Approval for Grant of Marketing Authorisation for OERIS! 

Financial Position and Order Book 

With this new contract, GPT Infraprojects' outstanding order book has reached ₹4,473 crore. For Fiscal 2027, the total accumulated order inflow stands at ₹300 crore.  

The company clarified that the promoter group holds no interest in the contract awarding entity, and this transaction does not qualify as a related party transaction. 

GPT Infraprojects Share Price Performance  

As of September 12, 2026, at 11:35 AM, GPT Infraprojects share price on NSE was trading at ₹112.21, down by 1.11% from the previous closing price. 

Conclusion 

GPT Infraprojects' subsidiary, Alcon Builders, secured a ₹85.53 crore contract from Eastern Railway for signalling works in the Asansol Division. The project, spanning 25 kilometres, is to be completed within 12 months, contributing to the company's ₹4,473 crore order book. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Sep 12, 2026, 1:26 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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