India's HG Infra Engineering slumps to over 3-year low after regulatory searches
23/01/2026 07:21
** Shares of HG Infra Engineering HGIN.NS slide 16.8% to 551.35 rupees to lowest since end-December 2022 ** Stock set for biggest single-day decline on record, if losses hold ** Highways developer on Thursday said India's federal investigation body and a local anti-corruption body from Bihar state conducted searches at two of its offices and a project site from January 21-22 ** HGIN slumped 50% in 2025 (Reporting by Nandan Mandayam in Bengaluru) ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))
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