HG Infra Engineering zooms on emerging as L-1 bidder for Haryana project
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H.G. Infra Engineering is currently trading at Rs. 619.55, up by 37.50 points or 6.44% from its previous closing of Rs. 582.05 on the BSE.
The scrip opened at Rs. 587.50 and has touched a high and low of Rs. 623.70 and Rs. 585.10 respectively. So far 18416 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 684.80 on 08-Feb-2022 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. 623.70 and Rs. 576.90 respectively. The current market cap of the company is Rs. 4018.12 crore.
The promoters holding in the company stood at 74.53%, while Institutions and Non-Institutions held 14.48% and 10.99% respectively.
HG Infra Engineering has been declared as L-1 bidder by National Highways Authority of India (NHAI) for Construction of 6-Lane Greenfield Karnal Ring Rd starting from NH44 near Vill Shamgarh design km 0.000 and terminating at Karnal Munak Road (MDRI115) Vill Samalakhal (Design km 34.500) under BMP in Haryana on HAM. The company’s bid project cost is Rs 997.11 crore and 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.
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