H.G. Infra Engineering rises on emerging as L-1 bidder for Jharkhand project
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H.G. Infra Engineering is currently trading at Rs. 784.95, up by 11.35 points or 1.47% from its previous closing of Rs. 773.60 on the BSE.
The scrip opened at Rs. 775.05 and has touched a high and low of Rs. 791.70 and Rs. 775.05 respectively. So far 3146 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 810.20 on 16-Mar-2023 and a 52 week low of Rs. 508.55 on 11-May-2022.
Last one week high and low of the scrip stood at Rs. 808.15 and Rs. 761.70 respectively. The current market cap of the company is Rs. 5105.18 crore.
The promoters holding in the company stood at 74.53%, while Institutions and Non-Institutions held 14.60% and 10.87% respectively.
H.G. Infra Engineering has been declared as L-1 bidder by National Highways Authority of India (NHAI) for Construction of 6lane Green field Varanasi Ranchi-Kolkata Highway from Jn with NH320 in Lepo village to Kamlapur village (JH/WB border) from kin 358.500 to kin 387.200 under Bharatmala Pariyojana in the state of Jharkhand on HAM (Package 13). The company's bid project cost is Rs 925.11 crore and the construction period is 730 days.
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.
