H G Infra Engineering Ltd receives LOA for Adani Road Transport Ltd

H.G. Infra Engineering Limited ('HGINFRA') has received the Letter of Award (LOA) dated June 06, 2022 from Adani Road Transport Limited, for the project Execution of Civil & Associated works on Engineering Procurement & Construction (EPC) basis for "Development of an Access - Controlled Six lane (Expandable to Eight lane) Greenfield 'Ganga Expressway' [Group-II, from km. 137+600 (Village: Nagla Barah, Distt. Budan) to km: 289+300, (Village: Ubariya Khurd, Distt. Hardoi), Design Length = 151.700 Km] in the State of Uttar Pradesh on DBFOT (Toll) basis under PPP."

The contract value is Rs. 4970.99 crores.

Shares of H.G. Infra Engineering Limited was last trading in BSE at Rs. 581.05 as compared to the previous close of Rs. 562.60. The total number of shares traded during the day was 21059 in over 2018 trades.

The stock hit an intraday high of Rs. 593.45 and intraday low of 563.95. The net turnover during the day was Rs. 12224475.00.

Source : Equity Bulls

Keywords

HGInfraEngineering INE926X01010 OrderWin LOA AdaniRoadTransport GangaExpressway EPC