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H.G. Infra Engineering gains on incorporating subsidiary company
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H.G. Infra Engineering is currently trading at Rs. 1472.75, up by 9.15 points or 0.63% from its previous closing of Rs. 1463.60 on the BSE.
The scrip opened at Rs. 1463.05 and has touched a high and low of Rs. 1494.95 and Rs. 1449.65 respectively. So far 7674 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1643.30 on 22-May-2024 and a 52 week low of Rs. 806.00 on 27-Dec-2023.
Last one week high and low of the scrip stood at Rs. 1611.75 and Rs. 1449.65 respectively. The current market cap of the company is Rs. 9591.56 crore.
The promoters holding in the company stood at 74.53%, while Institutions and Non-Institutions held 14.17% and 11.30% respectively.
H.G. Infra Engineering has incorporated a subsidiary, namely H.G. Sri Dungargarh Solar Project. H.G. Sri Dungargarh Solar Project will carry out business in the field of Solar Power.
Earlier, the company had been declared as L-1 bidder by Maharashtra State Road Development Corporation (MSRDC) for construction of Nagpur-Chandrapur Access Controlled Super Communication Expressway in the State of Maharashtra.
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.
