H G Infra Engineering shines on emerging as L-1 bidder for project in Chhattisgarh

16 Dec 2020 Evaluate

HG Infra Engineering is currently trading at Rs. 234.50, up by 11.85 points or 5.32% from its previous closing of Rs. 222.65 on the BSE.

The scrip opened at Rs. 234.80 and has touched a high and low of Rs. 237.50 and Rs. 232.00 respectively. So far 17974 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 294.95 on 23-Jan-2020 and a 52 week low of Rs. 135.00 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 237.50 and Rs. 218.30 respectively. The current market cap of the company is Rs. 1451.03 crore.

The promoters holding in the company stood at 74.04%, while Institutions and Non-Institutions held 20.09% and 5.87% respectively.

H G Infra Engineering has been declared L-1 bidder by Ircon International for contract with bid price of Rs. 784.99 crore. The completion period for the project is 30 months (Including monsoon period).

The project is for civil works including Earthwork for Railway formation, Blanketing work, Minor Bridges, Major Bridges, ROBs, RUBs, FOBs, Track linking works (including supply of Ballast but excluding supply of rails and sleepers), Station building and other service buildings, Staff Quarters, platform Works including general electrical works between Gevra Road (0 Km) to Sendurgarh (67 Km) Double line and Urga (0 Km) to Kusmunda (11.51 Km) Single line in connection with the construction of New BG Electrified Double Railway Line for Chhattisgarh East West Rail Corridor from Gevra Road (Km 0) to Pendra Road (Km 135) via Dipka, Kathghora, Sendurgarh and Pasan in the State of Chhattisgarh over South East Central Railway.

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

H.G. Infra Engg. Share Price

1272.50 -7.25 (-0.57%)
22-Nov-2024 09:37 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3504.10
Rail Vikas Nigam 421.90
NCC 276.15
KEC International 1023.05
Kalpataru Projects 1131.95
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