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InfrastructurePre-market

H.G. Infra Engineering receives ₹2,200 cr GST notice

pre-market1 source ↓written by the desknot a recommendation

GST Department
25 Nov 2025
for FY23
₹2,200.4 cr

H.G. Infra Engineering Limited received a Show Cause Notice from the GST Department on 25 Nov 2025. The notice demands ₹2,200.4 cr for FY23, citing wrongful input tax credit claims and under-reported supplies. The company asserts that the notice lacks factual support and does not impact its finances or operations immediately.

Traders should monitor potential implications on the company's reputation and future cash flows.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 28 Nov 2025, 07:10 IST.

Sourcesnews.google.com

The market after the news

HGINFRA closed −1.7% on the day of the news, from ₹880.20 to ₹865.25; Nifty −0.1% over the same session.

Bulletin at 07:10 IST on 28 Nov 2025. Every change is measured from ₹880.20, the last close before it, on 27 Nov. Nifty 50 is measured over the same sessions.

  • HGINFRA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
HGINFRA closes around the bulletin against the close before the news, with Nifty 50 rebased to it729.16880.201031axis spans 41%before the news · 27 Nov880.20Nifty 50HGINFRAbulletinD0+1+3+521 Nov3 Dec12 DecReference close ₹880.20. 16 sessions from 21 Nov to 12 Dec; the price axis spans 41 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before27 Nov₹880.20basebase
On the day28 Nov₹865.25▼ −1.7%▼ −0.1%−1.6 pp difference
+1 session1 Dec₹866.65▼ −1.5%▼ −0.1%−1.4 pp difference
+3 sessions3 Dec₹839.90▼ −4.6%▼ −0.9%−3.7 pp difference
+5 sessions5 Dec₹824.75▼ −6.3%▼ −0.1%−6.2 pp difference
Gap at the open, % · ₹
0.0%0.00 on 28 Nov
Day's range, % · ₹
2.3%≈ 20 high to low
Volume on the day
0.34×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · HGINFRA on the desk →

Thread · HGINFRAAll HGINFRA bulletins →

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