India's HG Infra Engineering rises on contract win

HG Infra Engineering

13/07/2026 10:54

** Shares of HG Infra Engineering HGIN.NS jump as much as 3.6%, last up 0.5% at 567 rupees
** The highways developer was declared L1 bidder for upgradation of Industrial Training Institutes
** Contract size is 17.10% of estimated cost of 2.41 bln rupees ($25.20 mln) 
** Shares were down about 0.3% before the news
** Stock set to rise for third straight session
** Avg rating of 11 analysts covering the stock is "buy" and median PT is 755.5 rupees - data compiled by LSEG
** YTD, HGIN down ~25%

($1 = 95.6400 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))