H G Infra Engineering Ltd receives LOA from NHAI for UER project in Delhi

H G Infra Engineering Ltd (HGINFRA) has received the Letter of Acceptance (LOA) dated July 23, 2021 from National Highways Authority of India (NHAI) for the project "Development of 6-lane Urban Extension Road (UER) - 2 - NH344 M, Package 1 (from NH 1 to Karala - Kanjhawala Road, Km - 0+700 to 15+000) in the state of Delhi on EPC mode".

The estimated project cost is Rs. 1646.57 crores and HGINFRA's bid project cost is Rs. 1393.11 crores. The completion period of the project is 2 years.

Shares of H.G. Infra Engineering Ltd was last trading in BSE at Rs. 478.85 as compared to the previous close of Rs. 486.85. The total number of shares traded during the day was 6730 in over 644 trades.

The stock hit an intraday high of Rs. 499.35 and intraday low of 475.25. The net turnover during the day was Rs. 3253231.

Source : Equity Bulls

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