H.G. Infra Engineering Ltd has been declared as L-1 bidder by NHAI for two HAM projects

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

Development of Six Lane Kaliagura - Baunsaguar Section of NH-130-CD Road from km 249+000 to km 293+000 under Raipur-Visakhapatnam Economics Corridor in the state of Odisha on Hybrid Annuity Mode (Package - OD-5) (Length 44.000 km). The NHAI bid project cost is Rs. 1338.27 crore and HGINFRA's bid project cost is Rs. 1,492.11 crore.

Development of Six Lane Baunsaguar - Baraja Section of NH-130 CD Road from km 293.000 to km 338.500 under RaipurVisakhapatnam Economics Corridor in the state of Odisha on HAM (Package OD-6). The NHAI bid project cost is Rs. 958.98 crore and HGINFRA's bid project cost is Rs. 1,123.11 crore.

Shares of H.G. Infra Engineering Limited was last trading in BSE at Rs. 730.95 as compared to the previous close of Rs. 699.90. The total number of shares traded during the day was 47541 in over 2825 trades.

The stock hit an intraday high of Rs. 784.30 and intraday low of 719.15. The net turnover during the day was Rs. 35538408.00.

Source : Equity Bulls

Keywords

HGInfraEngineering INE926X01010 Construction Engineering L1Bidder OrderWin NHAI HAMProjects