HG Infra Engineering rises as it declared as L1 bidder by NHAI
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H.G. Infra Engineering is currently trading at Rs. 504.65, up by 10.15 points or 2.05% from its previous closing of Rs. 494.50 on the BSE.
The scrip opened at Rs. 492.50 and has touched a high and low of Rs. 504.70 and Rs. 492.00 respectively. So far 901 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 550.00 on 08-Jul-2021 and a 52 week low of Rs. 150.80 on 26-Oct-2020.
Last one week high and low of the scrip stood at Rs. 550.00 and Rs. 410.00 respectively. The current market cap of the company is Rs. 3222.71 crore.
The promoters holding in the company stood at 74.53%, while Institutions and Non-Institutions held 18.31% and 7.16% respectively.
HG Infra Engineering has been declared as L-l bidder by National Highways Authority of India (NHAI) for the project Development of 6-lane Urban Extension Road (UER) - 2 - NH 344 M, Package I (From NH1 to Karala - Kanjhawala Road, Km -0+700 to 15+000) in the state of Delhi on EPC mode. The estimated project cost is Rs 1646.57 crore and HGINFRA's bid project cost is Rs 1393.11 crore and completion period is 2 years.
HG Infra Engineering is an infrastructure construction, development and management company with extensive experience in its focus area of road projects, including highways, bridges and flyovers.
