Hot Pursuit     30-Dec-22
H.G. Infra spurts on bagging LoA from NHAI
H.G. Infra Engineering rallied 4.92% to Rs 603.85 after the company said that it has received letter of award (LoA) from the National Highways Authority of lndia (NHAI) for a hybrid annuity model (HAM) project in the state of Haryana.

The scope of the project entails construction of 6-lane Greenfield Karnal Ring Road starting from NH44 near Village Shamgarh and terminating at Karnal -Munak Road (MDR-115) near Village Samalakha under Bharatmala Pariyojana in Haryana.

NHAI's estimated cost of the project is Rs 743.74 crore and the company's bid project cost is Rs 997.11 crore. The completion period is 730 days.

H.G. Infra Engineering is primarily engaged in the business of engineering, procurement, and construction (EPC) relating to roads, bridges, flyovers, and infrastructure contract works and related activities.

The company's consolidated net profit rose 10% to Rs 81.93 crore on 1.3% increase in net sales to Rs 795.70 crore in Q2 FY23 over Q2 FY22.

Previous News
  H.G. Infra gains on receiving LOA from North Central Railway
 ( Hot Pursuit - 05-Jun-23   15:25 )
  H.G. Infra Engineering incorporates five solar subsidiaries
 ( Corporate News - 22-Jun-24   11:13 )
  H.G. Infra Engineering achieves financial closure for NHAI road project
 ( Corporate News - 30-Nov-23   17:24 )
  H G Infra Engg tumbles after Q4 PAT slips 6% YoY
 ( Hot Pursuit - 24-May-22   12:48 )
  H.G. Infra Engineering receives ratings action from ICRA
 ( Corporate News - 25-Apr-23   21:33 )
  H.G. Infra subsidiary receives completion certificate for project in Haryana
 ( Hot Pursuit - 10-Sep-22   16:51 )
  H.G. Infra Engineering consolidated net profit rises 102.27% in the December 2020 quarter
 ( Results - Announcements 27-Jan-21   14:38 )
  H.G. Infra Engg emerges as L-1 bidder for construction project in Jharkhand
 ( Hot Pursuit - 08-Mar-24   12:00 )
  H.G Infra Engg. announces board meeting date
 ( Corporate News - 21-Jan-20   11:01 )
  H.G. Infra Engineering consolidated net profit rises 17.32% in the September 2023 quarter
 ( Results - Announcements 09-Nov-23   14:00 )
  H.G. Infra Engineering receives completion certificate for road project
 ( Corporate News - 04-Aug-23   16:53 )
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