GPT Infraprojects Share Price in Focus; Bags ₹149.5 Crore Western Railway Order

 GPT Infraprojects Limited has received a ₹149.5 crore railway signalling contract through its wholly owned subsidiary, Alcon Builders and Engineers Private Limited.  

The order was awarded by the Chief Signal and Telecommunication Engineer (CSTE), Western Railway, Bhavnagar Division. The contract value includes GST and stands at ₹126.70 crore excluding the tax.  

GPT Infraprojects disclosed the order on October 16, 2026, following an earlier intimation of its L1 status on October 3, 2026. 

Scope of Signalling and Telecom Work 

The contract involves replacing existing Panel Interlocking (PI) stations with Electronic Interlocking (EI) systems at 18 stations. The work also includes MSDAC, built-in block working, and signalling and telecommunication equipment across the stations. 

The scope covers the design, supply, installation, programming, testing, and commissioning of the systems in the Bhavnagar Division of Western Railway. The company has been given 730 days from the appointed date to complete the work. 

The order has been classified as a domestic contract for railway signalling works. GPT Infraprojects stated that its promoters, promoter group and group companies have no interest in the entity awarding the contract.  

The order does not fall under related-party transactions. 

Order Book and Business Operations 

GPT Infraprojects reported a net outstanding order book of ₹5,538 crore, while its total order inflow for the financial year 2027 stood at ₹1,364 crore, according to the October 16 announcement. 

The Kolkata-based company was incorporated in 1980 and operates in infrastructure and sleeper manufacturing. Its infrastructure business includes railway projects, large bridges, road overbridges, government road contracts, and railway signalling work. 

The company also manufactures and supplies concrete railway sleepers in India and Africa. Its manufacturing facilities are located in Panagarh in West Bengal, Ladysmith in South Africa, Tsumeb in Namibia and Eshiem in Ghana. 

Read More: Tata Technologies Share Price in Focus; Reports 28.4% Revenue Growth in Q2 FY27! 

GPT Infraprojects Share Price Performance  

As of October 16, 2026, 3:30 pm, GPT Infraprojects share price closed at ₹125.60, a 0.67% increase from the previous closing price. 

Conclusion 

The ₹149.5 crore contract adds to GPT Infraprojects' outstanding railway project work. Execution will cover signalling and telecommunication systems at 18 stations, with completion scheduled within 730 days from the appointed date. 

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