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HG Infra Engineering shines as its arm enters into battery energy storage purchase agreement
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H.G. Infra Engineering is currently trading at Rs. 1517.00, up by 56.80 points or 3.89% from its previous closing of Rs. 1460.20 on the BSE.
The scrip opened at Rs. 1479.95 and has touched a high and low of Rs. 1542.05 and Rs. 1478.70 respectively. So far 7107 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1880.00 on 16-Jul-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. 1542.05 and Rs. 1417.85 respectively. The current market cap of the company is Rs. 10023.32 crore.
The promoters holding in the company stood at 71.78%, while Institutions and Non-Institutions held 15.30% and 12.92% respectively.
HG Infra Engineering’s wholly owned subsidiary -- H.G. Banaskantha Bess has entered into an battery energy storage purchase agreement with NTPC Vidyut Vyapar Nigam on December 23, 2024 for procurement of 185 MW/ 370 MWH on long term basis.
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.
