HG Infra Engineering rises on getting provisional completion certificate for Rajasthan project
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H.G. Infra Engineering is currently trading at Rs. 593.45, up by 0.55 points or 0.09% from its previous closing of Rs. 592.90 on the BSE.
The scrip opened at Rs. 630.00 and has touched a high and low of Rs. 630.00 and Rs. 591.40 respectively. So far 38558 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 830.80 on 27-Oct-2021 and a 52 week low of Rs. 481.00 on 28-Jan-2022.
Last one week high and low of the scrip stood at Rs. 630.00 and Rs. 562.05 respectively. The current market cap of the company is Rs. 3873.77 crore.
The promoters holding in the company stood at 74.53%, while Institutions and Non-Institutions held 14.74% and 10.73% respectively.
HG Infra Engineering has received the completion certificate for the project of Construction of Eight Lane Carriageway starting at Haryana-Rajasthan Border and ends at Junction with SH44 (Km 78+800 to Km 115+700) Section of Delhi-Vadodara Green Field Alignment (NH 148N) on EPC Mode under Bharatmala Pariyojna (Pkg-4) in the state of Rajasthan.
The certificate of completion dated August 01, 2022 has been issued by the authority and the project has been declared fit for entry into operation on June 26, 2022. The company's bid project cost is Rs 997.11 crore.
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.
