HG Infra gains on winning orders
H.G. Infra Engineering has bagged an EPC order worth Rs. 189.49 crore. The order was awarded by Megawide Construction for construction work in Mopa, Goa.
The order was awarded by Megawide Construction DMCC for Flexible and Rigid Pavement including Runway, Taxiway & Apron at Greenfield International Airport at Mopa in Goa.
Last week, HG Infra Engineering had been declared as L1 bidder by National Highways Authority of India (NHAI), New Delhi for new EPC project for construction of 6-lane access in the state of Rajasthan.
H.G Infra is an infrastructure construction, development and management company which focuses on road projects, including highways, bridges and flyovers.
On Wednesday, the stock of HG Infra opened at Rs. 193.25 per share against a previous close of Rs 193. At closing hours the shares were trading at Rs 195.95, gaining 1.53 per cent. Its intraday high stood at Rs. 196 and intraday low was Rs. 191 per share on the BSE. Its 52-week high was Rs 355.75 and 52-week low was Rs 170.20. The BSE Sensex closed at 35,992.23 level, down by 0.57 per cent.