H.G. Infra Engineering rises on emerging as L-1 bidder by South Central Railway
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H.G. Infra Engineering is currently trading at Rs. 942.45, up by 8.95 points or 0.96% from its previous closing of Rs. 933.50 on the BSE.
The scrip opened at Rs. 947.85 and has touched a high and low of Rs. 950.00 and Rs. 936.90 respectively. So far 14833 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1016.75 on 06-Sep-2023 and a 52 week low of Rs. 634.45 on 07-Feb-2023.
Last one week high and low of the scrip stood at Rs. 948.00 and Rs. 912.60 respectively. The current market cap of the company is Rs. 6165.19 crore.
The promoters holding in the company stood at 74.53%, while Institutions and Non-Institutions held 14.00% and 11.47% respectively.
H.G. Infra Engineering has been declared as L-1 bidder by South Central Railway for the project of Doubling of Track between Karanjgaon station (Including) at Km 69.01(Ch 69010) & Aurangabad station (Including) at Km 113.15(Ch 113150) [i.e. (44.14 km)] including Electrification and Signaling works in connection with Aurangabad- Ankai Doubling Project in Nanded Division of South Central Railway. The company's bid project cost is Rs 447.11 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.
