H.G. Infra Engineering surges on incorporating wholly owned subsidiary
H.G. Infra Engineering is currently trading at Rs. 638.50, up by 17.05 points or 2.74% from its previous closing of Rs. 621.45 on the BSE.
The scrip opened at Rs. 625.00 and has touched a high and low of Rs. 640.45 and Rs. 617.50 respectively. So far 21845 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1272.10 on 20-May-2025 and a 52 week low of Rs. 430.05 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 658.60 and Rs. 513.75 respectively. The current market cap of the company is Rs. 4099.59 crore.
The promoters holding in the company stood at 71.78%, while Institutions and Non-Institutions held 12.05% and 16.17% respectively.
H.G. Infra Engineering has incorporated a wholly owned subsidiary company namely ‘H.G. Gobindpur Tangi Highway’ a special purpose vehicle (SPV) on April 04, 2026 to undertake the construction of new Six-lane Access Controlled Capital Region Ring Road Package-III from Gobindpur (NH-55) to Tangi near Bandola Toll Plaza (NH16), from Design Ch. Km. 70+995 to Km. 111+325 in the State of Odisha under NH(O) on Hybrid Annuity Mode.
The said project has been awarded by National Highways Authority of India (NHAI).
