HG Infra subsidiary achieves financial closure for HAM project

H.G. Raipur Visakhapatnam AP-1 Private Limited, a wholly owned subsidiary of H.G. Infra Engineering Limited ('HGINFRA') is in receipt of letter from National Highways Authority of India ('NHAI') for noting of financial close w.e.f. February 25, 2022 for the project Development of Six Lane Aluru - Jakkuva Section of NH-130-CD Road from km 365+033 to km 396+800 under Raipur-Visakhapatnam Economics Corridor in the state of Andhra Pradesh on Hybrid Annuity Mode [Package - 1 (AP)].

Shares of H.G. Infra Engineering Limited was last trading in BSE at Rs. 562.40 as compared to the previous close of Rs. 580.15. The total number of shares traded during the day was 8196 in over 1152 trades.

The stock hit an intraday high of Rs. 578.05 and intraday low of 558.65. The net turnover during the day was Rs. 4664220.00.

Source : Equity Bulls

Keywords

HGInfraEngineering INE926X01010 Subsidiary FinanceClose NHAI