HG Infra receives financial closure letter from NHAI

The total project cost is Rs580cr. The construction period is 2 years and the operation period is 15 years.

Jan 03, 2020 08:01 IST India Infoline News Service

HG Infra

HG infra Ltd. informed the inform the exchanges that H.G. Rewari Ateli Highway Private Limited, a wholly owned subsidiary of H.G. Infra Engineering Limited, has received the financial closure letter dated January 02, 2020, from the National Highways Authority of India.

The total project cost is Rs580cr. The construction period is 2 years and the operation period is 15 years.

H.G. Infra Engineering Ltd is currently trading at Rs262.80 down by Rs0.2 or 0.08% from its previous closing of Rs263 on the BSE.

The scrip opened at Rs263 and has touched a high and low of Rs270 and Rs261.10 respectively. So far 47,584 (NSE+BSE) shares were traded on the counter.

The current market cap of the company is Rs1,714cr.


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