HG Infra Engineering shares jumped more than 4% in morning trade after the company got 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
HG Infra Engineering stock opened at Rs 1,520.00, reaching a high of Rs 1,540.00 and a low of Rs 1,501.30.
As of 9:27 am, HG Infra Engineering shares were trading 4.16% higher at Rs 1,521.60 on the NSE.
