HG Infra Engineering Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 4193.76 Crore) operating in Infrastructure sector.

The benchmark indices like Nifty and Sensex could consolidate or may witness minor correction in the near term, as there is no support coming in from global equity markets.

HG Infra Engineering Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 3749.95 Crore) operating in Infrastructure sector.

ICICI Direct is bullish on HG Infra Engineering has recommended buy rating on the stock with a target price of Rs 765 in its research report dated August 04, 2022.

Anand Rathi is bullish on H G Infra Engineering has recommended buy rating on the stock with a target price of Rs 898 in its research report dated August 03, 2022.

YES Securities is bullish on H. G. Infra Engineering has recommended buy rating on the stock with a target price of Rs 837 in its research report dated August 03, 2022.

HG Infra Engineering Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 3832.06 Crore) operating in Infrastructure sector.

HG Infra Engineering Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 3788.07 Crore) operating in Infrastructure sector.

HG Infra Engineering Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 3429.96 Crore) operating in Infrastructure sector.

"With huge projects coming under roadways, including metro projects and irrigation & water infra projects, these sectors are likely to witness good traction in awarding activity along with building quality infrastructure," the brokerage firm pointed out.

HG Infra Engineering Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 3382.71 Crore) operating in Infrastructure sector.

The National Highway Authority of India (NHAI) had awarded 4,788 km and 6,306 km of projects in FY21 and FY22, respectively, surpassing its targets for these years. In FY23, it is estimated that highway projects of 5,500 km would be awarded by NHAI.

HG Infra Engineering won orders worth Rs 2,180 crore and Rs 4,330 crore during FY21 and FY22, respectively. The current order book of Rs 7,970 crore provides visibility for 2.2x TTM revenue, it said.Axis Capital sees order inflow in the range of Rs 9,000-10,000 crore in FY23 with EBITDA margins in the range of 15.5-16 per cent.

HG Infra Engineering Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 3779.92 Crore) operating in Infrastructure sector.

The government as a council gave preliminary approval to military modernization projects costing Rs 76,000 crore, including the Navy's next-generation corvettes. The approval will help cut India's dependence on imports for military equipment as most of the projects will go to domestic manufacturers.

ICICI Direct is bullish on HG Infra Engineering has recommended buy rating on the stock with a target price of Rs 735 in its research report dated May 26, 2022.