Hot Pursuit     01-Mar-24
H.G. Infra gains on emerging as L-1 bidder for project in Bihar
H.G. Infra Engineering rallied 2.73% to Rs 903.40 after the company said that it has been declared as lowest bidder (L-1) by East Central Railway for a construction project, under EPC mode.
The scope of the project entails construction of double line track (3rd & 4th line) formation including earth work, blanketing, minor bridges, major bridges, electrification works and other miscellaneous works for 32.5 T axle load including Electrical TRD (2x25 KV) in Gaya-Son Nagar section in DDU Division of East Central Railway in Bihar.

The Central Railway's estimated cost of the project is Rs 772.70 crore and the company's bid project cost is Rs 709.11 crore. The construction period of the project is 36 months.

H.G Infra Engineering is engaged in the business of Engineering, Procurement and Construction (EPC), Maintenance of roads, bridges, flyovers and other infrastructure contract works.

The company reported 22.03% fall in consolidated net profit to Rs 102.05 crore despite of 15.15% rise in revenue from operations to Rs 1,364.53 crore in Q3 FY24 over Q3 FY23.

Previous News
  H.G. Infra Engineering consolidated net profit declines 22.03% in the December 2023 quarter
 ( Results - Announcements 02-Feb-24   17:01 )
  H.G. Infra soars after emerging as L-1 bidder for two road projects in Maharashtra
 ( Hot Pursuit - 22-May-24   11:43 )
  Benchmarks trade with minor gains; PSU banks rise
 ( Market Commentary - Mid-Session 22-Mar-23   10:33 )
  H.G. Infra Engineering incorporates solar subsidiaries
 ( Corporate News - 26-Jun-24   12:07 )
  H.G. Infra Engineering announces incorporation of 3 step-down subsidiaries
 ( Corporate News - 25-Apr-24   12:41 )
  H.G. Infra bags Chennai-Tirupati highway project in Andhra Pradesh
 ( Hot Pursuit - 09-Mar-24   13:05 )
  H.G. Infra gains on bagging four solar projects worth Rs 1,026 cr
 ( Hot Pursuit - 19-Mar-24   11:38 )
  H.G. Infra Engineering successfully bids for redevelopment project of Kanpur Central Railway Station
 ( Corporate News - 22-Mar-23   16:15 )
  H.G. Infra Engineering consolidated net profit rises 48.41% in the December 2021 quarter
 ( Results - Announcements 03-Feb-22   17:13 )
  H.G. Infra gains on emerging as L-1 bidder for construction project in Jharkhand
 ( Hot Pursuit - 23-Mar-23   09:22 )
  H.G. Infra Engineering update on NHAI road project in Telangana
 ( Corporate News - 07-Oct-22   13:48 )
Other Stories
  REC disburses loans worth Rs 47,303 crore in July-Sept quarter
  03-Oct-24   13:24
  NSE SME Thinking Hats Entertainment Solutions makes a rousing debut
  03-Oct-24   13:14
  Tips Music Ltd up for third consecutive session
  03-Oct-24   13:05
  Colgate-Palmolive (India) Ltd soars 1.15%, up for fifth straight session
  03-Oct-24   13:00
  NBCC (India) wins orders worth Rs 47 crore
  03-Oct-24   12:47
  Malu Paper Mills Ltd leads gainers in 'B' group
  03-Oct-24   12:15
  ITD Cementation hit life high on Rs 1,937-cr order win
  03-Oct-24   12:14
  ITD Cementation India Ltd leads gainers in 'A' group
  03-Oct-24   12:00
  JSW Energy arm secures hydro storage project from MSEDCL
  03-Oct-24   11:57
  J.Kumar Infra rises on securing LoA for road project in Thane
  03-Oct-24   11:45
Back Top