H.G. Infra Engineering gains on getting LoI from Gujarat Urja Vikas Nigam
H.G. Infra Engineering is currently trading at Rs. 1121.20, up by 10.40 points or 0.94% from its previous closing of Rs. 1110.80 on the BSE.
The scrip opened at Rs. 1120.10 and has touched a high and low of Rs. 1136.65 and Rs. 1115.85 respectively. So far 5863 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1880.00 on 16-Jul-2024 and a 52 week low of Rs. 921.05 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1190.00 and Rs. 1103.30 respectively. The current market cap of the company is Rs. 7325.23 crore.
The promoters holding in the company stood at 71.78%, while Institutions and Non-Institutions held 14.88% and 13.33% respectively.
H.G. Infra Engineering has received Letter of Intent (LoI) from Gujarat Urja Vikas Nigam for 300 MW/600 MWh out of the project of 500 MW/1000 MWh for setting up of Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Competitive Bidding (Phase-VI). The order is to be completed within 24 months.
H.G. 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.
