HG Infra announced that it had received a large order from Central Railway. This is the second order the company has received this week. On Thursday, the stock closed at a level of ₹1500 (HG Infra Share Price). The stock has given a return of 77% so far this year. The market is currently at an all-time high, with the Sensex crossing 83,000. In such a scenario, traders can keep an eye on the stock’s action on Friday.
HG Infra Order Details
According to the information sent to BSE, HG Infra Engineering has received an order worth ₹716.11 crores from Central Railway. Under this, the company has to build a line of about 50 kilometers. This is an EPC (Engineering, Procurement, and Construction) company. The order has to be completed within the next 30 months.
HG Infra Order Book
Earlier, on September 9, the company received a work order worth ₹781.11 crores from the Ministry of Road and Transport. This is a HAM project that has to be completed within 2.5 years. The company has to upgrade the existing 6-lane road on NH 47.
