Shares of H.G. Infra Engineering surged today after its subsidiary received the provisional completion certificate for a major highway project in Odisha. The stock is currently trading at RS 1107.90, marking an increase of 21.75 points or 2.00% from its previous close of RS 1086.15 on the BSE.

The stock opened at RS 1086.80 and moved between a high of RS 1136.20 and a low of RS 1086.80. A total of 2,982 shares have been traded so far. The scrip, part of the BSE 'A' group and having a face value of RS 10, had recorded a 52-week high of RS 1880.00 on July 16, 2024, and a 52-week low of RS 921.05 on April 7, 2025.

Over the past week, the stock has traded between RS 1160.15 and RS 1064.00, and the current market capitalisation stands at approximately RS 7243.44 crore. The company’s shareholding pattern includes 71.78% held by promoters, 14.89% by institutions, and 13.33% by non-institutional investors.

The company's wholly owned subsidiary, H.G. Raipur Visakhapatnam OD-6, received a provisional completion certificate for the six-lane highway stretch between Baunsaguar and Baraja (km 293+000 to km 338+558) on NH-130-CD. This segment is part of the Raipur-Visakhapatnam Economic Corridor and was executed under the Hybrid Annuity Model (HAM) awarded by the National Highways Authority of India (NHAI).

The certificate, dated April 25, 2025, and received on April 28, 2025, confirms the project is ready for commercial operations from January 8, 2025.

H.G. Infra Engineering, known for its expertise in infrastructure construction and road development, has reported robust financial results. For the year ended March 31, 2025, the company posted a 19.44% rise in standalone net profit to RS 924.72 crore, up from RS 774.23 crore the previous year. Total income rose 21.19% to RS 1,958.58 crore.

On a consolidated basis, the net profit increased 19.25% to RS 930.60 crore, while total income climbed 21.04% to RS 1,985.82 crore, as compared to the previous fiscal year.