India's H.G. Infra jumps after securing transmission projects
19/08/2026 05:11
BUZZ-India's H.G. Infra jumps after securing transmission projects ** Shares of India's H.G. Infra Engineering HGIN.NS jump 9.21% to 557.45 rupees, their biggest intraday pct gain since April 1
** Stock on track to snap four sessions of losses
** On Tuesday, co received letter of intent for two transmission projects in Uttar Pradesh, after being named successful bidder in May
** Projects will be operated under a 35-year concession, with annual transmission charges of 450.11 million rupees ($4.70 million)
** HGIN rated "buy" on average by 12 analysts, median PT at 718 rupees -- LSEG compiled data
** YTD stock up 79.02%
($1 = 95.7300 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
Recent news on HG Infra Engineering
See all newsIndia's HG Infra Engineering rises on tax demand withdrawal
India's H.G. Infra jumps after securing transmission projects
Brief: Hg Infra Engineering Receives LOI From Rec Power Development And Consultancy
India's HG Infra Engineering rises on contract win
Brief: HG Infra Engineering Declared L-1 Bidder For Iti Upgradation Bhiwadi Cluster