H G Infra Engineering secures LoA from NHAI for road project in Karnataka

H.G. Infra Engineering Limited ('HGINFRA') has received the Letter of Award(LOA) dated January 31, 2022 from National Highways Authority of India('NHAI'), NewDelhi for the project 6-laning with access control from km 29.435 to km 74.168 of Neelmangala-Tumkur including Tumkur bypass section of NH-48 (old NH-4) in the State of Karnataka on EPC mode under Bharatmala Pariyojna.

The NHAI bid project cost is Rs. 1112.10 crores and HGINFRA bid project cost is Rs. 844.11 crores.

Shares of H.G. Infra Engineering Limited was last trading in BSE at Rs. 559.95 as compared to the previous close of Rs. 515.30. The total number of shares traded during the day was 26326 in over 2056 trades.

The stock hit an intraday high of Rs. 567.00 and intraday low of 512.95. The net turnover during the day was Rs. 14199777.00.

Source : Equity Bulls

Keywords

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