HG Infra receives provisional completion certificate for EPC project in Rajasthan; Stock spurts 5%

14 Jan 2022 , 02:41 PM

HG Infra Engineering Limited (HGIEL) has received the provisional completion certificate for the development and up-gradation project in Rajasthan. The provisional certificate of completion dated January 13, 2022, has been issued by the authority and the project has been provisionally declared fit for entry into operation on November 15, 2021.

The project is Development and Upgradation of Jodhpur – 2018 Marwar Junction —Jojawar Section of SH-61 & 61A Length 119.095 km (Package. no. WB/RSHDP II/EPC/03) in the state of Rajasthan on Engineering, Procurement & Construction (EPC) Mode.

At around 2.44 pm, H.G. Infra Engineering Ltd. was trading at Rs614.05 per share up by Rs30.45 or 5.22% from its previous closing of Rs583.60 per share on the BSE.

The scrip opened at Rs584.05 and has touched a high and low of Rs636.05 and Rs583.15 respectively.