India's H.G. Infra Engineering rises after order win

HG Infra Engineering

12/06/2025 05:16

** Shares of H.G. Infra Engineering Ltd HGIN.NS rise as much as 3.6% to 1,143.40 rupees

** Infra co declared as lowest bidder by PFC Consulting Ltd to establish inter state transmission system in Odisha

** Adds, transmission charges at 431.1 mln rupees ($5.1 mln) per year

** More than 116,000 shares traded as of 9:39 a.m. IST vs 30-day moving avg of 119,035 shares

** Mean rating of stock is 'strong buy'; their median PT is 1,650 rupees - data compiled by LSEG

** HGIN last up 1.3%, cutting YTD losses to 27.3%

($1 = 85.4380 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))