HG Infra - Receipt of EPC Order worth Rs 1,393 cr by Mr. Amarjeet Maurya, Angel Broking Ltd
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Below are Quote on HG Infra - Receipt of EPC Order worth Rs 1,393 cr by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
HG Infra Engineering Ltd (HG Infra) is a leading player in the roads & highways space with an execution track record of over 17 years. HG Infra has been declared L-1 bidder for an EPC order from NHAI which is development of 6 Lane Urban Extension Road NH-344M Package 1 (From NH1 to Karala-Kanjhawala Road) in the state of Delhi. Total order size is around ~Rs1,393cr and completion period is 2 years. Currently, the company's order book as of 31st March 2021 stood at Rs7,040cr. This is a positive development for the company, which would support revenue growth going ahead.
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