H.G. Infra Engineering Limited declared L1 bidder by NHAI

H.G. Infra Engineering Limited (the "Company" or "HGINFRA") has been declared as L-1 bidder by the National Highways Authority of India (NHAI) for the project mentioned below:

- Construction of 4 lane Access Controlled New Greenfield Highway Section of NH365BG Khammam - Devarapalle of length 29.513 km Design Ch 33.604 to 63.117 under Inter Corridor Route under BMP on HAM in the state of Telangana.

The NHAI estimated project cost is Rs. 523.59 crore and HGINFRA bid project cost is Rs. 637.11 crore. The completion period of the project is 730 days.

Shares of H.G. Infra Engineering Ltd was last trading in BSE at Rs.280.35 as compared to the previous close of Rs. 288.1. The total number of shares traded during the day was 10849 in over 389 trades.

The stock hit an intraday high of Rs. 287.5 and intraday low of 278.75. The net turnover during the day was Rs. 3050681.

Source : Equity Bulls

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