H G Infra Engineering Ltd declared L1 by NHAI for part of Chennai - Tirupati road project

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 Hybrid Annuity Mode (HAM) project "Access Controlled Highway of 4 Lane with Paved Shoulders from TN/AP Border (Design Chainage km 61+51) to Puttur (Design Chainage Km 81+450) of NH-716 & 6 Lane with Paved Shoulders from Mallavaram (Design Chainage Km 97+100) to Renigunta (Design Chainage Km 114+500) of NH-71 in Andhra Pradesh on Hybrid Annuity Mode under NH(O) (ChennaiTirupati Package-II)".

The NHAI Estimated Project Cost is INR 943.99 Crore. HGINFRA Bid Project Cost is INR 862.11 Crore.

Shares of H.G. Infra Engineering Limited was last trading in BSE at Rs. 908.10 as compared to the previous close of Rs. 910.60. The total number of shares traded during the day was 2961 in over 305 trades.

The stock hit an intraday high of Rs. 916.35 and intraday low of 905.05. The net turnover during the day was Rs. 2695759.00.

Source : Equity Bulls

Keywords

HGInfraEngineering INE926X01010 NHAI L1 ChennaiTirupati RoadProject