Infra stock rises 4% after ₹1,415 Cr Metro project win
after close1 source ↓written by the desknot a recommendation
- contract
- ₹1,415 cr
- and is expected
- 20.5 km elevated viaduct
- be completed
- 36 months
- intra-day high
- ₹915.9
- from the previous
- 6% increase
An infra joint venture has secured a ₹1,415 cr contract for the Thane Ring Metro Project, emerging as the L-1 bidder. The project involves constructing a 20.5 km elevated viaduct and is expected to be completed within 36 months.
H.G. Infra Engineering Ltd's stock reached an intra-day high of ₹915.9, marking a 6% increase from the previous close of ₹863.90. This win may enhance investor sentiment in the infrastructure sector.
Not investment advice. For informational purposes only.