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Ashish Kumar

11th Mar · SEBI-Registered Analyst

HG Infra Shares Jump 8% on ₹401 Crore Order Win

HGINFRA
ra Engineering Ltd. shares surged up to 8% (intraday gains over 10% in some sessions) on March 11, 2026, after securing a ₹401.33 crore order from Anuppur Thermal Energy (MP) Pvt Ltd. The contract covers civil works (earthwork, bridges, station buildings) and permanent way works for railway infrastructure at the 2x800 MW Thermal Power Project in Anuppur, Madhya Pradesh. The GST-inclusive order, on item rate/BOQ basis, is to be completed in 18 months. The win strengthens the company's order book and expands its presence in railway and power infrastructure, alongside its core focus on roads, highways, EPC, renewables, and BESS. The stock rebounded from a 52-week low of ₹471.45 (March 9, 2026), trading around ₹531–546 levels amid positive infrastructure sector sentiment.

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