H G Infra Engineering Ltd receives LOA from NHAI for road project near TN/AP border

H.G. Infra Engineering Limited (the "Company" or "HGINFRA") has received the letter of award from the National Highways Authority of India (NHAI) for the 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 the state of Andhra Pradesh on Hybrid Annuity Mode under NH(O) (Chennai-Tirupati Package-II)".

The project cost is Rs. 862.11 crore.

Shares of H.G. Infra Engineering Limited was last trading in BSE at Rs. 900.00 as compared to the previous close of Rs. 910.15. The total number of shares traded during the day was 12923 in over 906 trades.

The stock hit an intraday high of Rs. 933.40 and intraday low of 888.75. The net turnover during the day was Rs. 11749292.00.

Source : Equity Bulls

Keywords

HGInfraEngineering INE926X01010 LOA NHAI OrderWin