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2024-05-31 12:51:17 pm | Source: Accord Fintech
HG Infra Engineering rises as its arm incorporates wholly owned subsidiaries

H.G. Infra Engineering is currently trading at Rs. 1514.65, up by 4.25 points or 0.28% from its previous closing of Rs. 1510.40 on the BSE.

The scrip opened at Rs. 1529.95 and has touched a high and low of Rs. 1533.15 and Rs. 1459.95 respectively. So far 14810 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. 1550.00 and Rs. 1449.65 respectively. The current market cap of the company is Rs. 9756.77 crore.

The promoters holding in the company stood at 74.53%, while Institutions and Non-Institutions held 14.17% and 11.30% respectively.

HG Infra Engineering’s wholly owned subsidiary -- H.G. Solar Projects has incorporated the wholly owned subsidiaries in the name of H.G. Tapukara Solar Project and H.G. Ghiloth Solar Project. Both the subsidiaries will carry out business in the field of Solar Power. 

Earlier, the company had 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.

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.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here
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