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HomeNEWSHG Infra stocks: Buy HG Infra Engineering, target price Rs 820: Emkay...

HG Infra stocks: Buy HG Infra Engineering, target price Rs 820: Emkay Global

Emkay Global has buy call on HG Infra Engineering with a target price of Rs 820. The current market price of is Rs 565.85. Time period given by analyst is one year when . price can reach defined target.

HG Infra Engineering Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 3684.45 Crore) operating in Infrastructure sector.

HG Infra Engineering Ltd. key Products/Revenue Segments include Contract Revenue, Sale of services and Scrap for the year ending 31-Mar-2022.


For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 1109.26 Crore, up 3.94 % from last quarter Total Income of Rs 1067.26 Crore and up 17.42 % from last year same quarter Total Income of Rs 944.73 Crore. Company reported net profit after tax of Rs 109.28 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 74.53 per cent stake in the company as of 30-Jun-2022, while FIIs owned 0.58 per cent, DIIs 14.16 per cent.

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