NSE: HGINFRA | BSE: 541019

Mid-range Performer

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1050.80 -9.50 (-0.90%)

44.10% Fall from 52W High

104.8K NSE+BSE Volume

NSE 08 Jul, 2025 3:31 PM (IST)

6,848.2

Market Cap

High in industry

1.3

Beta 1Year

Very High Volatility

HG Infra Engineering Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for HGINFRA, BSE:541019 HG Infra Engineering Ltd.

HG Infra Engineering Ltd.

23 Dec 2021

1050.80

-0.90%

Initiating Coverage:H.G. Infra Engg.

Buy: HG Infra Engineering Ltd.

Axis Direct

We initiate coverage with a BUY rating and value the company's EPC business at 11x FY24E EPS and HAM portfolio at 1x book value to arrive at a target price of Rs 855/share. TP implies an upside potential of 50% from the CMP.

HG Infra Engineering Ltd. has lost -28.35% in the last 6 Months

HG Infra Engineering Ltd.

11 Nov 2021

1050.80

-0.90%

HG Infra Engineering

Buy: HG Infra Engineering Ltd.

Target

ICICI Securities Limited

...

HG Infra Engineering Ltd. is trading below all available SMAs

HG Infra Engineering Ltd.

06 Aug 2021

1050.80

-0.90%

Q1FY22 Result Update - Stellar quarter - BUY

Buy: HG Infra Engineering Ltd.

Target

Prabhudas Lilladhar

Given robust 1Q performance, comfortable order book and strong bid pipeline management is confident of achieving its revenue guidance of Rs32-33bn. HGINRA reported stellar quarterly performance beating our and street estimate owing to robust execution of its under-construction portfolio despite...

Axis Direct decreased Buy price target of HG Infra Engineering Ltd. to 1155.0 on 30 Jun, 2025.

HG Infra Engineering Ltd.

15 May 2021

1050.80

-0.90%

HG Infra Engineering

Buy: HG Infra Engineering Ltd.

Target

ICICI Securities Limited

HG Infra Engineering (HG Infra) reported a robust set of Q4FY21 numbers. Standalone revenue improved 65% YoY to | 1,027.8 crore, clearly reflecting the sharp pickup in execution aided by healthy order book position and normalisation of labour availability/raw material supply chain post Covid-19 related disruptions. Also, operating profit margin was at an elevated 16.2%, down 8 bps YoY, on account of better project mix. At PAT level, robust operating performance translated into 90.5% YoY growth (to | 97.7 crore)....

Axis Direct decreased Buy price target of HG Infra Engineering Ltd. to 1155.0 on 30 Jun, 2025.

HG Infra Engineering Ltd.

06 Apr 2021

1050.80

-0.90%

Jan-Mar'21 Earnings Preview - Greenshoots visible, full recovery yet distant

Buy: HG Infra Engineering Ltd.

Prabhudas Lilladhar

We expect strong execution in Q4FY21 for our infra coverage universe with expected revenue growth of 22.2% YoY (average) vs 6.1% in Q3FY21. Operating leverage will enable stable EBITDA margins despite inflationary environment. Adjusted PAT is expected to increase by 87.5% YoY led by...

HG Infra Engineering Ltd. has lost -39.22% in the last 1 Year

HG Infra Engineering Ltd.

01 Apr 2021

1050.80

-0.90%

HG Infra Engineering

Buy: HG Infra Engineering Ltd.

ICICI Securities Limited

HG Infra's pre-qualification to bid independently for NHAI's projects has improved by a whopping 8x to | 2,000 crore in FY15-20. This is likely to aid the company with a) eligibility to bid for most road projects (>95% of total NHAI's awards have order value

HG Infra Engineering Ltd. is trading below all available SMAs

HG Infra Engineering Ltd.

11 Nov 2020

1050.80

-0.90%

HG Infra Engg

Buy: HG Infra Engineering Ltd.

Target

Dolat Capital

We broadly maintain our estimates for FY21E/ FY22E despite muted H1FY21 as we expect execution to pick up significantly from Q3FY21E in projects worth Rs33.4 bn on receiving the appointed date coupled with stabilization of labour and supply chain issues. We introduce FY23E and expect 4.2%/ 23.6%/ 23.3% revenue growth for FY21E/...

HG Infra Engineering.. has an average target of 1632.00 from 6 brokers.

HG Infra Engineering Ltd.

04 Sep 2020

1050.80

-0.90%

HG Infra Engg

Buy: HG Infra Engineering Ltd.

Target

Dolat Capital

During FY20, tendering and awarding of projects of NHAI has been subdued, due to lower government spending, delays in land acquisition and delays in granting of appointment dates. Furthermore, the ordering activity during the end of FY20 had come to a halt on account of the nationwide lockdown due to the outbreak of COVID-19. The Central Government has implemented several measures to provide relief in view of the prevailing situation, such as enabling 3-6 months' extension of the project period in existing contracts, releasing due payments within the...

HG Infra Engineering Ltd. has lost -28.35% in the last 6 Months

HG Infra Engineering Ltd.

18 Aug 2020

1050.80

-0.90%

HG Infra Engg

Buy: HG Infra Engineering Ltd.

Target

Yes Securities

At the end of Jun'20, HG Infra's order book stood healthy at ~Rs.68bn(3.5xTTMrevenues).Thecompanyhasnotwonanymajor projects during YTD FY21. However, the management seems...

Axis Direct decreased Buy price target of HG Infra Engineering Ltd. to 1155.0 on 30 Jun, 2025.

Is HG Infra Engineering Ltd. worth buying?

288 Votes:

Buy 86.81%

Sell 5.9%

Hold 7.29%

RESEARCH REPORTS

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