H.G. Infra Engineering trades higher on getting LoA from NTPC
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H.G. Infra Engineering is currently trading at Rs. 918.30, up by 4.85 points or 0.53% from its previous closing of Rs. 913.45 on the BSE.
The scrip opened at Rs. 919.25 and has touched a high and low of Rs. 924.45 and Rs. 905.00 respectively. So far 993 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 977.60 on 11-May-2023 and a 52 week low of Rs. 509.55 on 26-May-2022.
Last one week high and low of the scrip stood at Rs. 944.95 and Rs. 891.95 respectively. The current market cap of the company is Rs. 5969.35 crore.
The promoters holding in the company stood at 74.53%, while Institutions and Non-Institutions held 15.35% and 10.12% respectively.
H.G. Infra Engineering has received the Letter of Award (LoA) on May 23, 2023, from NTPC for Rate contract for Pond ash transportation from NTPC Simhadri ash dyke to road construction sites in the state of Andhra Pradesh. The company has received LoA worth Rs 42.5 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.
