India's H.G. Infra gains after bagging battery project

HG Infra Engineering

22/04/2025 05:25

** Shares of H.G. Infra Engineering HGIN.NS rise 2.5% to 1166 rupees, their highest since Feb. 14

** Infra co wins contract from Gujarat Urja Vikas Nigam for setting up 500MS/100MWh batter storage systems in Gujarat

** Co did not disclose financial details of the contract

** Avg rating on stock is "strong buy;" median PT is 1761.5 rupees - data compiled by LSEG

** Stock down 23% YTD

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))