HG Infra Engineering climbs 10% on Rs 522 crore order win
NEW DELHI: Shares of HG Infra Engineering climbed over 10 per cent in Friday’s trade after the company informed exchanges that it has bagged a highway project worth Rs 522 crore in Haryana from the National Highways Authority of India (NHAI).
The stock climbed 9.53 per cent to hit a high of Rs 267 on BSE.
In a brief filing to BSE, the company said that it has been declared L-1 (lowest) bidder by NHAI for construction of proposed Rewari bypass (NH-11) as feeder route in Rewari district in the state of Haryana, on hybrid annuity mode amounting to Rs 522.02 crore.
