The stock is down by 29.6 per cent from its 52-week high of Rs 1,377.10  per share while it gave multibagger returns of 198.3 per cent from its 52-week low of Rs 311.69 per share.

The order categorized as 'significant' has an estimated value ranging from Rs 1,000 crore to Rs 2,500 crore.

On Monday, shares of G R Infraprojects Ltd plunged 1.07 per cent to Rs 1,132 per share with an intraday high of Rs 1,195 and an intraday low of Rs 1,120. The stock had a 52-week high of Rs 1,381 and a 52-week low of Rs 930.

India's infrastructure sector, the backbone of the economy, is on a tear! With a massive order book overflowing with projects worth over Rs. 10.76 lakh crore, it's like a construction party with no end in sight. This healthy pipeline paints a bright picture for the future, promising to push India closer to its ambitious economic goals.

Foreign Institutional Investors (FIIs) increased their stake in the company over the past four quarters. Their stake increased by 0.57 per cent in Q3 FY23, 1.34 per cent in Q4 FY23, 1.59 per cent in Q1 FY24, and 1.67 per cent in Q2 FY24.

The company has Robust orderbook at Rs 10,233 Cr as on Sep 30, 2023.

Demonstrating robust buying interest, the stock has delivered an impressive 49 per cent return within just one month. 

In the last 24 days, the company has received orders from marquee clients like Bharti Airtel, Bharat Sanchar Nigam Ltd., and Dinesh Engineers Ltd. The business had significant growth in net profit and sales in the first half of FY24; net profit increased by 338 per cent and sales by 253 per cent, respectively, year over year.

In the past six months, the stock has delivered an astounding return of over 251 per cent, turning it into a multibagger for investors.

The company has received a series of six major orders in the past two weeks, totaling over Rs 71.58 crore. These orders will help to strengthen the company's position as one of the leading electrical equipment manufacturers in India. The stock is trading at Rs 88.70 and locked in the upper circuit on Tuesday.