Hot Pursuit     26-Mar-21
H.G. Infra Engineering gains on securing order from NHAI
H.G. Infra Engineering rose 2.45% to Rs 287 after the company was declared as L-1 (lowest) bidder by National Highways Authority of India (NHAI) for a road project in Andhra Pradesh.

The project involves development of six lane Aluru-Jakkuva section of NH-130-CD road under Raipur-Visakhapatnam Economics Corridor on hybrid annuity mode. The total length of of the project is 31.767 Kms. The company bid project cost of Rs 1,060.11 crore. The project completion period is 730 days.

On a year-to-date (YTD) basis, the H.G. Infra Engineering stock has gained 33.05% while the benchmark Sensex has added 2.25% during the same period.

H.G. Infra Engineering is an infrastructure construction, development and management company. The main business includes providing engineering-procurement-and-construction (EPC) services on a fixed-sum turnkey basis and undertaking civil construction and related infrastructure projects.

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 Engineering consortium wins 51.76 MW solar project
 ( Corporate News - 30-Mar-24   10:09 )
  H.G. Infra Engineering Ltd leads losers in 'A' group
 ( Hot Pursuit - 09-Nov-21   15:01 )
  H.G. Infra Engineering achieves financial closure for NHAI road project
 ( Corporate News - 30-Nov-23   17:24 )
  H.G. Infra Engineering announces incorporation of subsidiaries
 ( Corporate News - 30-May-24   18:02 )
  H.G Infra Engg. to convene AGM
 ( Corporate News - 11-May-23   18:49 )
  H.G. Infra bags Chennai-Tirupati highway project in Andhra Pradesh
 ( Hot Pursuit - 09-Mar-24   13:05 )
  Board of H.G. Infra Engineering approves raising of funds up to Rs 200 cr
 ( Corporate News - 25-Aug-20   13:24 )
  H.G. Infra secures Rs 862 crore highway project in Andhra Pradesh
 ( Hot Pursuit - 12-Mar-24   09:44 )
  H.G. Infra Engineering consolidated net profit rises 8.34% in the June 2022 quarter
 ( Results - Announcements 01-Aug-22   16:08 )
  H.G Infra Engg. to convene EGM
 ( Corporate News - 11-Apr-23   15:35 )
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