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HG Infra Engineering declared as L-1 bidder by NHAI for two HAM projects

Subramanian K / Article rating: No rating

The first is the development of six lane Baunsaguar- Baraja section of NH-130 CD road from 293.0 km to 338.500 km under the Raipur-Visakhapatnam Economic Corridor in the state of Odisha on HAM (Package OD-6). The NHAI bid project cost is Rs 958.98 crore and the HG Infra bid project cost is Rs 1,123.11 crore. 

Overnight Digest: These small caps will be in focus on Wednesday

BSE Mid-cap and Small-cap indices corrected by more than 1.75 per cent each to end at 26,418.28 and 29,562.60 respectively.   

Armaan Madhani / Article rating: 3.8

On Tuesday, benchmark indices Sensex and Nifty ended in the red territory down by 0.08 per cent and 0.32 per cent respectively. Realty, FMCG and metal stocks underperformed broader markets.

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L&T Infotech zooms 16.5 per cent on earnings report. Know why?

A major bull rally is being witnessed by the stock on earnings release, with improved attrition rate, double-digit YoY growth in sales and net income have made investors buy the stock.

Subramanian K / Article rating: 4.7
Net sales in Q2 FY22 increased by 8.8 per cent QoQ and 25.6 per cent YoY to Rs.3,767 crore against Rs 2,998 crore in the previous year same...
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