Bengaluru, May 29 -- The shares of this infrastructure company surged over 2 percent after the company announced that it had bagged a Letter of Intent from a Gujarat-based company. In this article, we will discuss the order details in more detail.

With a market capitalization of Rs 7,318 crores, the shares of H.G. Infra Engineering Ltd is currently trading at Rs 1,123 per share, down by 40.3 percent from its 52-week high of Rs 1,879.90 per share. Over the last five years, the stock has delivered an impressive return of 582 percent.

On Thursday, H.G. Infra Engineering Ltd (HGINFRA) announced that it has received a Letter of Intent from the Gujarat Urja Vikas Nigam Ltd for setting up 300 MW/600 MWh out of the 500 MW/1000 MWh Standalone Ba...