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News Entry# 569344
Sep 13 (18:55) HG Infra Engineering's Stock Soars on New Central Railway Project, Hits Multibagger Status
IR Affairs
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News Entry# 569344   
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Multibagger HG Infra stock surges on Rs 716-crore project win from Indian Railways

HG Infra Engineering's stock price has seen significant growth, rising 151% in the past two years and 85% in 2024. The company's shares gained 4.5% on Friday after it secured a Rs 716 crore project from the Central Railway in Maharashtra. This project involves constructing a 49.45 km new broad gauge...
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line between Dhule (Borvihir) and Nardana, with a 30-month completion timeline. The stock's high volatility is indicated by a beta of 1.4, while its overbought status on charts is reflected in an RSI of 74.9. HG Infra Engineering specializes in EPC business, including maintenance of roads, bridges, and other infrastructure projects. Earlier this week, the company secured another project worth Rs 780 crore for upgrading NH-47 in Gujarat, involving the construction of an elevated corridor under the HAM model.

HG Infra Engineering ka stock price bahut badha hai, last do saal mein 151% aur 2024 mein 85% upar gaya hai. Company ke share Friday ko 4.5% badhe, kyuki unko Central Railway se Maharashtra mein Rs 716 crore ka project mila. Is project mein Dhule (Borvihir) aur Nardana ke beech 49.45...
more...
km lambi new broad gauge line banani hai, jo 30 mahine mein complete hogi. Stock ki volatility bahut high hai, yeh beta 1.4 se pata chal raha hai. Chart pe yeh overbought hai, jiska pata RSI 74.9 se chal raha hai. HG Infra Engineering EPC business mein specialize hai, jismein roads, bridges, aur dusre infrastructure projects ki maintenance bhi shamil hai. Is hafte ki shuruaat mein, company ko Gujarat mein NH-47 ko upgrade karne ka Rs 780 crore ka project mila. Is project mein HAM model ke under ek elevated corridor banaya jaayega.
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