H.G. Infra Engineering Limited bags HAM project in Telangana

H.G. Infra Engineering Limited (HGINFRA) has been declared L-1 bidder by National Highways Authority of India (NHAI), New Delhi for construction of 4 lane access controlled new greenfield highway section of NH-365BG (Khammam - Devarapalle) of length 33.604 Km from Thallampadu village to Somavaram village (Design Chainage 0+000 to 33+604) under Inter Corridor Route under Bharatmala Pariyojana, on Hybrid Annuity mode in the state of Telangana.(Package-1)

The NHAI bid project cost is Rs. 656.45 crore and HGINFRA's bid project cost is Rs. 772.11 crore. The completion period is 730 days.

Shares of H.G. Infra Engineering Ltd was last trading in BSE at Rs.288.1 as compared to the previous close of Rs. 262.15. The total number of shares traded during the day was 27137 in over 1300 trades.

The stock hit an intraday high of Rs. 292.35 and intraday low of 262.85. The net turnover during the day was Rs. 7643206.

Source : Equity Bulls

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