HG Infra hits 52-week high, rallies 13% in two days post Q3 results

As of December 31, 2022, the company's strong order book stood at Rs 11,064 crore

Shares of HG Infra Engineering hit a 52-week high of Rs 743, as they rallied 8 per cent on the BSE in Friday's intra-day trade amid heavy volumes. In the past two trading days, the stock has surged 13 per cent after the civil construction company reported a good set of numbers for the quarter ended December 2022 (Q3FY23). It surpassed its previous high of Rs 720, touched on January 20, 2022.

At 12:31 pm, HG Infra was quoting 7 per cent higher at Rs 736.30, as compared to 0.32 per cent decline in the S&P BSE Sensex. Average