HG Infra Engineering Ltd declared successful bidder for project

H.G. Infra Engineering Limited (the "Company" or "HGINFRA") has been declared as Successful Bidder by the REC Power Development and Consultancy Limited (A wholly owned subsidiary of REC Limited) to establish Inter-State Transmission system for "WR-ER Inter - Regional Network Expansion Scheme - Part C" through tariff based competitive bidding process in the state of Jharkhand.

The Transmission Charges is Rs. 1145.34 Million Per Year.

Shares of H.G. Infra Engineering Limited was last trading in BSE at Rs. 606.35 as compared to the previous close of Rs. 596.45. The total number of shares traded during the day was 21261 in over 558 trades.

The stock hit an intraday high of Rs. 610.70 and intraday low of 598.65. The net turnover during the day was Rs. 12852132.00.

Source : Equity Bulls

Keywords

HGInfraEngineering INE926X01010 SuccessfulBidder Project