HG Infra Engineering Bags ₹241 Crore Rajasthan Project Under PM-SETU
$HGINFRA Shares of HG Infra Engineering are likely to remain in focus on August 12 after the company received a Letter of Award (LoA) for a project with an estimated cost of ₹241 crore. The Department of Skill, Employment & Entrepreneurship, Government of Rajasthan, awarded the LoA for the operation and management of the ITI Bhawandi cluster under PM-SETU (Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs). The project will be implemented under the Public-Private Partnership (PPP) model, with H.G. Infra Engineering holding a 17.10% stake as the Anchor Industry Partner. The operation and management contract will run for 10 years, with the project having an estimated cost of ₹241 crore. Separately, the company's Board of Directors is scheduled to meet on August 12, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. In the previous trading session, HG Infra Engineering shares closed at ₹548.15. The stock has traded between a all time high high. The company's market capitalisation stood at approximately ₹3,572.35 crore.

















