H G Infra Engineering Ltd receives LOA from MORTH for HAM project

H.G. Infra Engineering Limited (the "Company" or "HGINFRA") has received the letter of acceptance from Ministry of Road Transport and Highways (MORTH) for the below Hybrid Annuity Mode (HAM) project.

Improvement and up-gradation in two lane with paved shoulders configuration of newly declared NH227B Bahuvan Madar Majha to Jagarnathpur (Design Km 160.200 to Km 224.040) "84 Kosi Parikrama Marg" in the State of Uttar Pradesh on Hybrid Annuity Mode Package VI.

HGINFRA Bid Project Cost is Rs. 763.11 crores whereas the MORTH Estimated Project Cost is Rs. 898.5 crores.

Shares of H.G. Infra Engineering Limited was last trading in BSE at Rs. 1456.30 as compared to the previous close of Rs. 1460.80. The total number of shares traded during the day was 7944 in over 629 trades.

The stock hit an intraday high of Rs. 1500.70 and intraday low of 1450.15. The net turnover during the day was Rs. 11752767.00.

Source : Equity Bulls

Keywords

HGInfraEngineering INE926X01010 HAMProject MORTH