In the previous session too, the stock was stuck in the upper circuit of 5 per cent.

The firm has a market cap of Rs 129.69 crore and delivered good profit growth of 25 per cent CAGR over the last 5 years. The company reported excellent numbers in its standalone quarterly results and standalone annual results.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 133.09 points or 0.21 per cent. 

According to the financials, GR Infraprojects Ltd has a market cap of over Rs 12,500 crore. The net sales increased by 2.71 per cent and the net profit increased by 40.91 per cent in Q4FY23 over Q4FY22. The net sales increased by 12.10 per cent and net profit increased by 74.83 per cent in FY23 over FY22.

Talking about the financials, this power company has a market cap of Rs 33,425 crore. The company reported positive numbers in its quarterly results and annual results. The company has maintained a healthy dividend payout of 61.2 per cent with a dividend yield of 1.68 per cent. The stock has a PE of 15.60x and an ROE of 21 per cent.

On Wednesday, the Indian equity markets ended on a positive note

The operating profit stood at Rs 2,550 crore, up 19.60 per cent over FY22. 

Over the last five years, the company has generated a good profit growth of 358 per cent CAGR.

The face valve of IIFL bonds will be 1,000, and the minimum application size across all categories will be 10,000.

The company has a ROCE of 21.6 per cent and an ROE of 20.5 per cent with a dividend payout ratio of 23.6 per cent.