HG Infra Engineering inches up as its arm gets provisional completion certificate for Haryana project
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H.G. Infra Engineering is currently trading at Rs. 931.20, up by 3.80 points or 0.41% from its previous closing of Rs. 927.40 on the BSE.
The scrip opened at Rs. 928.00 and has touched a high and low of Rs. 941.95 and Rs. 928.00 respectively. So far 196 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. 532.05 on 10-Nov-2022.
Last one week high and low of the scrip stood at Rs. 967.70 and Rs. 918.45 respectively. The current market cap of the company is Rs. 6043.97 crore.
The promoters holding in the company stood at 74.53%, while Institutions and Non-Institutions held 14.73% and 10.74% respectively.
HG Infra Engineering’s wholly owned subsidiary -- H.G. Rewari Bypass has received provisional completion certificate for construction of proposed Rewari Bypass (NH-11) as feeder route in Rewari district in the state of Haryana (Design length 14.40km) on hybrid annuity mode. The cost of project is Rs 522.02 crore. The provisional completion certificate has been issued by Independent Engineer and the project has been declared fit for entry into commercial operation on May 25, 2023.
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.
