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Business Standard
22-05-2025
- Business
- Business Standard
HG Infra shares slump 9%, log worst day in over a month on weak Q4
Shares of HG Infra Engineering tumbled over 9 per cent in Thursday's intraday session as net profit for the fourth quarter of the financial year 2025-25 (Q4FY25) fell by 22.65 per cent. The civil construction firm's stock fell as much as 9.07 per cent during the day to ₹1,187 per share, the biggest intraday fall since April 7 this year. The stock pared losses to trade 6.4 per cent lower at ₹1,173 apiece, compared to a 0.88 per cent decline in Nifty 50 as of 9:58 AM. Shares of the company have fallen over 8 per cent from their recent highs of ₹1,275, which it hit earlier this month. The counter has fallen 22 per cent this year, compared to a 3.7 per cent advance in the benchmark Nifty 50. HG Infra has a total market capitalisation of ₹7,655.65 crore, according to BSE data. Track LIVE Market Updates Here HG Infra Q4FY25 results HG Infra's net profit slipped by 22.65 per cent to ₹146.98 crore in the quarter ended March 2025, compared to ₹190.03 crore in the corresponding quarter of the previous financial year. Revenue from operations fell by 20.33 per cent to ₹1,360.89 crore in the quarter ended March 2025, as against ₹1,708.26 crore in the same quarter last year. For the full year, net profit declined by 6.15 per cent to ₹505.47 crore in the year ended March 2025, compared to ₹538.59 crore in the previous financial year. Revenue from operations declined by 5.99 per cent to ₹5,056.18 crore in the year ended March 2025, as against ₹5,378.48 crore in the preceding year. The company's board also recommended a final dividend of ₹2.00 per equity share of face value ₹10 each for the financial year ended March 31, 2025. About HG Infra Engineering Established in 2003, HG Infra Engineering is an infrastructure development company. The company has expertise in providing EPC services on a turnkey basis and executing projects under the Hybrid Annuity Model (HAM), excelling in civil construction and related infrastructure projects. H.G. Infra has also diversified into railways, metro, solar power, and water projects.
Economic Times
14-05-2025
- Business
- Economic Times
Infrastructure Sector: A Promising Horizon for Investors
India's infrastructure sector is currently experiencing a positive trajectory, marked by a notable annual growth rate. Recent strategic agreements between India and the UAE aim to enhance bilateral trade and investment, which is expected to further bolster the sector's growth. The introduction of the India-UAE Virtual Trade Corridor and the collaboration on critical mineral exploration are pivotal steps in streamlining trade processes and reducing logistical costs. These initiatives are part of the broader India-Middle East-Europe Economic Corridor framework, which seeks to redefine global connectivity and infrastructure development. ADVERTISEMENT The sector's performance over the past year has been commendable, showcasing resilience and an upward trend. The potential for upside in this sector is significant, with estimates suggesting a maximum upside of 51% and a minimum of 32%. This optimistic outlook is supported by the UAE's commitment to invest USD 75 billion in India's infrastructure, reflecting a strong long-term economic collaboration. As the sector continues to evolve, it is crucial to monitor the performance of key players within it. The following table highlights the top companies recommended by analysts based on their potential upside, showcasing the promising opportunities available for investors. Company Name Current Price Recommendation Upside Potential Target Price PNC Infratech Rs. 260 Buy 51% Rs. 392 HG Infra Engineering Rs. 1152.5 Strong Buy 49% Rs. 1680 IRB Infrastructure Developers Rs. 49.27 Buy 39% Rs. 66.20 Ashoka Buildcon Rs. 194.13 Buy 35% Rs. 256 KNR Constructions Rs. 226.35 Hold 32% Rs. 292 PNC Infratech Limited is an India-based infrastructure construction, development, and management company primarily engaged in highways, bridges, and other infrastructure activities. The company offers end-to-end solutions, including engineering, procurement, and construction services. Analysts recommend a 'Buy' rating for PNC Infratech, with a target price of Rs. 392, indicating a potential upside of 51%. Despite a decline in returns over the past year, the company's sales growth of 8.72% reflects its ongoing projects and market presence. ADVERTISEMENT H.G. Infra Engineering Limited specializes in executing infrastructure projects, focusing on roads, highways, and bridges. The company has a strong track record in civil construction and is well-positioned for future growth. Analysts have given it a 'Strong Buy' recommendation, with a target price of Rs. 1680, suggesting a potential upside of 49%. The company reported a sales growth of 16.37% in the latest quarter, showcasing its operational efficiency and market Infrastructure Developers Ltd. is a leading player in the roads and highways sector, known for its integrated project execution capabilities. The company is involved in various infrastructure projects, including BOT and toll operations. Analysts recommend a 'Buy' rating with a target price of Rs. 66.20, indicating a potential upside of 39%. The significant year-on-year PAT growth of 3115.25% highlights the company's strong recovery and operational performance. ADVERTISEMENT Ashoka Buildcon Limited is engaged in highway development and offers services in engineering, procurement, and construction. The company has a diverse portfolio, including BOT and hybrid annuity projects. Analysts recommend a 'Buy' rating with a target price of Rs. 256, indicating a potential upside of 35%. The company has shown impressive PAT growth of 509.99% year-on-year, reflecting its strong operational performance and market Constructions Limited focuses on infrastructure development, including roads, bridges, and irrigation projects. The company provides EPC services across various sectors. Analysts have rated it as a 'Hold' with a target price of Rs. 292, suggesting a potential upside of 32%. Despite a decline in returns over the past year, the company reported a PAT growth of 78.05%, indicating its resilience in a competitive market. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
14-05-2025
- Business
- Time of India
Infrastructure Sector: A Promising Horizon for Investors
Sector Performance and Outlook India's infrastructure sector is currently experiencing a positive trajectory, marked by a notable annual growth rate. Recent strategic agreements between India and the UAE aim to enhance bilateral trade and investment, which is expected to further bolster the sector's growth. The introduction of the India-UAE Virtual Trade Corridor and the collaboration on critical mineral exploration are pivotal steps in streamlining trade processes and reducing logistical costs. These initiatives are part of the broader India-Middle East-Europe Economic Corridor framework, which seeks to redefine global connectivity and infrastructure development. The sector's performance over the past year has been commendable, showcasing resilience and an upward trend. The potential for upside in this sector is significant, with estimates suggesting a maximum upside of 51% and a minimum of 32%. This optimistic outlook is supported by the UAE's commitment to invest USD 75 billion in India's infrastructure, reflecting a strong long-term economic collaboration. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Discover the 18 Most Jaw-Dropping Luxury Hotel Pools Around the World! Learn More Undo As the sector continues to evolve, it is crucial to monitor the performance of key players within it. The following table highlights the top companies recommended by analysts based on their potential upside, showcasing the promising opportunities available for investors. Top Companies Analysts Recommend Based on Upside Potential Company Name Current Price Recommendation Upside Potential Target Price PNC Infratech Rs. 260 Buy 51% Rs. 392 HG Infra Engineering Rs. 1152.5 Strong Buy 49% Rs. 1680 IRB Infrastructure Developers Rs. 49.27 Buy 39% Rs. 66.20 Ashoka Buildcon Rs. 194.13 Buy 35% Rs. 256 KNR Constructions Rs. 226.35 Hold 32% Rs. 292 About Companies Live Events PNC Infratech PNC Infratech Limited is an India-based infrastructure construction, development, and management company primarily engaged in highways, bridges, and other infrastructure activities. The company offers end-to-end solutions, including engineering, procurement, and construction services. Analysts recommend a 'Buy' rating for PNC Infratech, with a target price of Rs. 392, indicating a potential upside of 51%. Despite a decline in returns over the past year, the company's sales growth of 8.72% reflects its ongoing projects and market presence. HG Infra Engineering H.G. Infra Engineering Limited specializes in executing infrastructure projects, focusing on roads, highways, and bridges. The company has a strong track record in civil construction and is well-positioned for future growth. Analysts have given it a 'Strong Buy' recommendation, with a target price of Rs. 1680, suggesting a potential upside of 49%. The company reported a sales growth of 16.37% in the latest quarter, showcasing its operational efficiency and market demand. IRB Infrastructure Developers IRB Infrastructure Developers Ltd. is a leading player in the roads and highways sector, known for its integrated project execution capabilities. The company is involved in various infrastructure projects, including BOT and toll operations. Analysts recommend a 'Buy' rating with a target price of Rs. 66.20, indicating a potential upside of 39%. The significant year-on-year PAT growth of 3115.25% highlights the company's strong recovery and operational performance. Ashoka Buildcon Ashoka Buildcon Limited is engaged in highway development and offers services in engineering, procurement, and construction. The company has a diverse portfolio, including BOT and hybrid annuity projects. Analysts recommend a 'Buy' rating with a target price of Rs. 256, indicating a potential upside of 35%. The company has shown impressive PAT growth of 509.99% year-on-year, reflecting its strong operational performance and market positioning. KNR Constructions KNR Constructions Limited focuses on infrastructure development, including roads, bridges, and irrigation projects. The company provides EPC services across various sectors. Analysts have rated it as a 'Hold' with a target price of Rs. 292, suggesting a potential upside of 32%. Despite a decline in returns over the past year, the company reported a PAT growth of 78.05%, indicating its resilience in a competitive market.
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Business Standard
29-04-2025
- Business
- Business Standard
Here's why this civil construction stock climbed 5% in trade on April 29
H G Infra Engineering share price today: Shares of civil construction company HG Infra Engineering were ruling higher in the bourses on Tuesday, April 29, 2025. The company's share price climbed 5.47 per cent to ₹1,145 during intra-day deals on Tuesday. The upward movement in the HG Infra share price followed the company's announcement that H G Raipur Visakhapatnam OD-5 Private Ltd, a wholly owned subsidiary of the company, has received the provisional certificate for a project worth ₹1,492.11 crore. According to the exchange filing, the project involved the development of a six-lane Kaliagura–Baunsaguar section of NH-130-CD Road from km 249+000 to km 293+000 under the Raipur–Visakhapatnam Economic Corridor in the state of Odisha, on a Hybrid Annuity Mode (Package OD-5). 'The provisional certificate dated April 25, 2025, has been issued by the Independent Engineer and received by the company on April 28, 2025. The project has been declared fit for entry into commercial operation on January 4, 2025,' the company said in an exchange filing on the NSE. About H G Infra Engineering Established in 2003, H G Infra Engineering (HGIEL) is an infrastructure development company. The company has expertise in providing EPC services on a turnkey basis and executing projects under the Hybrid Annuity Model (HAM), excelling in civil construction and related infrastructure projects. H.G. Infra has also diversified into railways, metro, solar power, and water projects. Also Read H G Infra Engineering share price history HG Infra Engineering's share price has declined nearly 27 per cent year-to-date. In contrast, the benchmark Nifty50 has advanced 2.5 per cent during the same period. HG Infra Engineering shares scaled their 52-week high of ₹1,879.90 on the NSE on July 16, 2024, while they slipped to their 52-week low of ₹928.55 on March 3, 2025. At 2:01 PM on Tuesday, the civil construction company's shares were trading around ₹1,102.50 per share, up 1.85 per cent from the previous close of ₹1,085.60 apiece on the NSE. Meanwhile, the benchmark BSE Sensex was trading higher by 172 points or 0.22 per cent at 80,390, and the NSE Nifty at 24,363.95, up 35 points or 0.15 per cent.
