News for H.G. Infra Engineering Limited (HGINFRA.BO)

Feb 07, 2025 / 05:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the H.G. Infra Engineering Limited 3Q and nine-month FY25 earnings conference

The government set a capex budget of Rs 11.2 lakh crore for the next fiscal year, slightly up from Rs 11.1 lakh crore in FY25. Following the announcement, shares of L&T, J Kumar Infraprojects, Ahluwalia Contracts, and KEC International dropped up to 5%. KNR Construction and H.G. Infra Engineering erased earlier gains, correcting up to 6.4% by 2:15 pm.

The GIFT Nifty was trading above 24,700 in early trade Monday. Bharat Forge Ltd., H.G. Infra Engineering Ltd., Lupin Ltd., and One 97 Communications Ltd. share prices may react due to news flow over the weekend. The GIFT Nifty was trading 0.13% or 31.50 points higher at 24,788.50 as of 6:38 a.m.

Buzzing stocks, Stocks to watch today: Aster DM, ITC, Cochin Shipyard. Ashok Leyland, Aviation stocks, Biocon, ONGC, KEC International, Adani Enterprises, HG Infra, Brightcom, Protean eGov, Dixon Tech, RBL Bank, Bajaj Finance, Power Mech, Religare, TVS Srichakra, Paisalo, Tech Mahindra, REIT/InVIT

Buzzing Stocks Today, Stocks that will see action today: November 25, 2024 -Adani Group stocks, Zomato, JSW Steel, Waaree Tech, Cochin Shipyard, Aurobindo Pharma, Alembic, Hero MotoCorp, RVNL, CESC, National Fertilizers, Zaggle Prepaid, HG Infra, Divine Power Energy, VST Industries, Mahindra Life

Antique initiated coverage on PNC Infratech Ltd, H.G. Infra Engineering Ltd and PSP Projects with 'Buy' ratings. It has NCC Ltd among its preferred stock picks. The brokerage suggested a 'Hold' on Ahluwalia Contracts.

HG Infra Engineering fined ₹1 crore by NHAI for expressway project issues, shares up 2.13% on NSE.

Three promoters of HG Infra Engineering Ltd. sold 2.74% stake in the company for Rs 281.36 crore through open market transactions on Tuesday.

HG Infra Share Price: The uptick in the stock price came after the company announced that it has signed a Memorandum of Understanding (MoU) with Ultra Vibrant Solar Energy

HG Infra has guided for revenue growth of 15-20 per cent with Ebitda margins of 15-16 per cent for FY25. A couple of brokerages suggested 'Buy' on the stock

Q3 Results today: Indigo, Tata Motors, Bank of India, UPL, Delhivery, and Andhra Papers are scheduled to post their quarter results on February 2.

H.G. Infra Engineering Ltd. has secured a new contract from National Highways Authority of India to construct a six lane Greenfield Varanasi-Ranchi-Kolkata Highway. The total cost of the project will be Rs 1,303 crore, with a target completion period of 730 days, an exchange filing said. The highway will be constructed from Deoria to Donoreshan village, measuring approximately 35 kilometers.

Buzzing stocks: Adani Ports, Adani Enterprises, Infosys, Wipro, Waffle India, Sejal Glass, Deepak Nitrite, HG Infra, Vikas Lifecare, NHPC, MIC Electronics, Bharat Dynamics, Emami, Gokaldas Exports, GIC, GSFC, Indostar, Infibeam, IEX, IFCI, IRCTC, Mishra Dhatu Nigam, IRFC, Reliance Infra, Strides Pharma, Suen Pharma, TTK Prestiege, Vodafone Idea, Zee Entertainment

The ace investor publicly holds 24 stocks with a net worth of over Rs 2,124 crore