HG Infra Engineering has informed exchanges that the company received a letter of award from the Ministry of Road Transport and Highways of India worth Rs 781 crore.
Here are the key details of the contract:
- Project: Up-gradation of existing 6 lane road including elevated corridor as per site requirements from km 0/00 to km 10/170 of NH 47 (Narol Junction to Sarkhej Junction) in the State of Gujarat on Hybrid Annuity Mode.
- Total Contract Value: ₹781.11 crore
- Execution Timeframe: 2.5 Years
In the meantime, today, HG Infra Engineering stock opened at Rs 1,476.15, reaching a high of Rs 1,485.05 and a low of Rs 1,440.00 during the trading session. The share closed at Rs 1,460.00.
