HG Infra Engineering surges as it declared L-1 bidder by Rail Vikas Nigam
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HG Infra Engineering is currently trading at Rs. 734.35, up by 14.85 points or 2.06% from its previous closing of Rs. 719.50 on the BSE.
The scrip opened at Rs. 742.95 and has touched a high and low of Rs. 743.00 and Rs. 729.35 respectively. So far 5289 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 783.50 on 17-Feb-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. 783.50 and Rs. 711.60 respectively. The current market cap of the company is Rs. 4689.06 crore.
The promoters holding in the company stood at 74.53%, while Institutions and Non-Institutions held 14.60% and 10.87% respectively.
HG Infra Engineering has been declared as L-1 bidder by Rail Vikas Nigam, Chandigarh for construction of Foundations, Substructure & Superstructure along with River Training/Protection Work, Earthwork & allied works for viaduct 1 & 2 in Between Chainage Km 47+415 To Km 50+900, in connection with Bhanupali-Bilaspur-Beri New Railway Line in District Bilaspur of Himachal Pradesh State, India. The company's bid project cost is Rs 466.11 crore and the construction period is 30 months.
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.
