HG Infra Engineering trades higher on receiving LoA from NTPC
HG Infra Engineering is currently trading at Rs. 848.25, up by 4.65 points or 0.55% from its previous closing of Rs. 843.60 on the BSE.
The scrip opened at Rs. 847.00 and has touched a high and low of Rs. 853.50 and Rs. 847.00 respectively. So far 2119 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. 537.65 on 23-Dec-2022.
Last one week high and low of the scrip stood at Rs. 887.45 and Rs. 837.55 respectively. The current market cap of the company is Rs. 5535.63 crore.
The promoters holding in the company stood at 74.53%, while Institutions and Non-Institutions held 14.71% and 10.76% respectively.
HG Infra Engineering has received the letter of award (LoA) from NTPC for the project of ‘Rate contract for transportation of Pond Ash from NTPC Ramagundam to NHAI road construction projects’. Broad consideration or size of the order is Rs 36.20 crore (Inclusive of GST).
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.
