New Delhi, July 9 -- Shares of GR Infraprojects Ltd surged over 3 percent in intraday trade on Wednesday, July 9, after the company received the appointed date for a significant highway development project under the Bharatmala Pariyojana. The project, awarded by the National Highways Authority of India (NHAI), pertains to the construction of a six-lane Greenfield highway connecting Varanasi, Ranchi, and Kolkata. The development triggered renewed investor interest in the stock, which had been under pressure in recent months.

The appointed date for the highway construction has been confirmed as July 1, 2025. GR Varanasi Kolkata Highway Private Limited-a wholly owned subsidiary of GR Infraprojects-received the official communication from NH...