Shares of HG Infra Engineering surged 8 per cent to Rs 624 on the BSE in Friday’s intra-day trade after the company announced receipt of Letter of Award (LOA) from National Highways Authority of India (NHAI) for Hybrid Annuity Mode (HAM) project in the state of Haryana.
The project namely construction of six lane greenfield Karnal Ring road starting from NH44 near Village Shamgarh and terminating at Karnal Munak Road Vill Samalakhal in Haryana.
The bid project cost was at Rs 997.1 crore. The company had been declared L1 for the same earlier this month.
At 09:16
The project namely construction of six lane greenfield Karnal Ring road starting from NH44 near Village Shamgarh and terminating at Karnal Munak Road Vill Samalakhal in Haryana.
The bid project cost was at Rs 997.1 crore. The company had been declared L1 for the same earlier this month.
At 09:16