H G Infra Engineering Bags ₹117.77 Crore Defence Project at Mumbai Naval Dockyard
H G Infra Said in exchange Filing after the market closing that H G Infra Engineering Limited (HGINFRA) has emerged as the lowest bidder for a significant infrastructure project awarded by the Military Engineer Services (MES), Mumbai. The project involves the creation of an Integrated Material Handling Facility at the Naval Dockyard in Mumbai, Maharashtra.
Valued at ₹117.77 crore, the contract is set to be completed within 30 months and will operate under an item-rate model. The facility is expected to enhance the logistical and operational capabilities of the dockyard, supporting India’s growing naval infrastructure.
This win marks another milestone in HGINFRA’s journey, further cementing its reputation in executing complex, large-scale government and defence-related infrastructure projects. The company confirmed that the order was awarded by a domestic agency and there is no involvement of promoter groups or related party transactions.
With this addition to its order book, H.G. Infra Engineering is poised to strengthen its presence in the high-value defence construction segment, adding momentum to its long-term growth trajectory.
H G Infra Engineering Order Details
H G Infra Engineering Share Price
Shares of H G Infra Engineering Ltd. witnessed a positive uptick today, closing at ₹1,013.35 on the BSE, marking a 1.00% gain from the previous close of ₹1,003.30. The stock opened at ₹997.15 and moved within a day’s range of ₹995.95 to ₹1,017.15, indicating steady investor interest.
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