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  1. H.G. Infra shares zoom over 19% on bagging order worth ₹401 crore; check details here

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H.G. Infra shares zoom over 19% on bagging order worth ₹401 crore; check details here

Abha Raverkar

2 min read | Updated on March 11, 2026, 11:05 IST

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SUMMARY

The project involves executing civil works, including earthworks, bridges, and station buildings, along with P-way works to develop railway infrastructure for the 2x800 MW thermal power project.

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Shares of HG Infra closed +4.2% higher on the NSE on Friday

H.G. Infra share price: Shares of EPC firm H.G. Infra Engineering zoomed as much as 19.13% to hit an intraday high of ₹584.40 per unit on the National Stock Exchange (NSE) on Wednesday, March 11.
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This comes after the company bagged an order worth ₹401 crore from Anuppur Thermal Energy (MP) Pvt Ltd.

The stock was trading 13.39% higher at ₹556.25 per equity share at around 11:04 AM.

The scrip has gained 10% in the past week but lost more than 20% over the month. On a year-to-date basis, the share declined by 25%.

While the stock reached a 52-week low of ₹471 apiece on March 9, 2026, it touched a year’s high of ₹1,275 on May 20, 2025.

Order win

In a regulatory filing dated March 10, the company stated that it secured an order valued at ₹401.33 crore, inclusive of GST, for the development of railway infrastructure at the thermal power project in Anuppur, Madhya Pradesh.

As per the filing, the project involves the execution of civil works, including earthwork, bridges, and station buildings, along with P-way works for the development of railway infrastructure at the 2x800 MW thermal power project.

The project, expected to be done in an item rate or Bill of Quantities (BOQ) mode, has a construction period of 18 months.

In a separate filing in February, the company received a letter of award (LOA) vide letter dated February 27, 2026, from the National Highways Authority of India (NHAI) for ₹1,827.33 crore (excluding GST).

The project was for the “construction of a new six-lane access-controlled capital region Ring Road Package-III from Gobindpur (NH-55) to Tangi near Bandola Toll Plaza (NH-16), from Design Ch. Km. 70+995 to Km. 111+325 in the State of Odisha under NH(O) on hybrid annuity mode.”

H.G. Infra Engineering has a total market capitalisation of ₹3,633.94 crore, as of March 11, 2026, according to data on the NSE.


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About The Author

Abha Raverkar
Abha Raverkar is a post-graduate in economics from Christ University, Bengaluru. She has a strong interest in the markets and loves to unravel the nitty-gritties of the latest happenings in the world of markets, business, and the economy.

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