The equity PE multiple is low at 11.78, while the industry PE multiple is 37.7 and ROE is high at 30.42%.
HG Infra Engineering Ltd (HGIEL) shares surged 2.73% today to a daily high of Rs 635.55 per share from its previous closing price of Rs 618.70 per share. The equity PE multiple is low at 11.78, while the industry PE multiple is 37.7 and ROE is high at 30.42%.
Recently, the company received an order worth Rs 412.11 crore from Delhi Metro Rail Corporation Ltd (DMRCL) as it was declared as the lowest bidder (L1). DMRCL estimates the cost of the project at Rs 398.63 crore.
The project includes partial design and construction of the viaduct and four viaduct stations (Keshopur, Paschim Vihar, Peeragarhi and Mangolpuri) (excluding station building finishing works, steel fobs and station PEB works). The project is 3.512 km long and will be completed in 24 months from the date of announcement.
HG Infra Engineering Limited (HGIEL) is an Indian road infrastructure company engaged in engineering, procurement and construction (EPC) services, road maintenance, bridges, flyovers and other infrastructure contracting activities.
according to Quarterly results And annual performance, the company reports positive results. In his 22nd year his net profit was Rs 23.665 crore, which increased significantly to Rs 380.04 crore and in his 23rd year he increased Rs 60.59 crore. The stock has risen 21.90% in the past six months to a 52-week high of Rs.684.80 and his 52-week low of Rs. 481. Investors should keep an eye on this stock.
