Shares of HG Infra Engineering Ltd are buying and selling flat after touching a day’s excessive of Rs 976.45 on third October. This adopted the corporate’s announcement that its wholly owned subsidiary, HG Varanasi-Kolkata PKG-13 Personal Restricted, has obtained the appointed date from the Nationwide Highways Authority of India (NHAI) for its freeway undertaking in Jharkhand.
HG Infra Engineering said that NHAI, via a letter dated thirtieth September, 2025, has declared the provisional appointed date for its freeway undertaking below the Bharatmala Pariyojana. The undertaking includes setting up a six-lane greenfield Varanasi–Ranchi–Kolkata Freeway from NH 320 in Lepo village. It extends to Kamlapur village on the Jharkhand–West Bengal border.
The undertaking is price Rs 925.11 crore. It was awarded below the Hybrid Annuity Mode (HAM), with a size of 28.70 km and a completion timeline of 730 days.
HG Infra Q1 Outcomes
HG Infra posted a 39.2% year-over-year fall in internet revenue at Rs 98.8 crore in Q1. That is in comparison with Rs 162.5 crore in Q1FY25. Income slipped 3% to Rs 1,482 crore from Rs 1,528 crore final yr. EBITDA dropped 17.5% to Rs 260 crore from Rs 315.7 crore. Margins narrowed to 17.5% from 20.6% a yr earlier.
At 12:30 PM, the shares of HG Infra had been buying and selling 0.14% decrease at Rs 959.50 on NSE.
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