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HomeNewsBusinessStocksHG Infra shares rise 2% on signing battery energy storage project with GUVNL

HG Infra shares rise 2% on signing battery energy storage project with GUVNL

HG Infra Engineering Share Price | The company arm signed a battery energy storage purchase agreement with Gujarat Urja Vikas Nigam.

December 01, 2025 / 09:21 IST
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    HG Infra Engineering share price rose 2 percent in the opening trade on December 1 following the company entered into an battery energy storage purchase agreement with Gujarat Urja Vikas Nigam (GUVNL).

    At 09:19am, HG Infra Engineering was quoting at Rs 883.40, up Rs 17.80, or 2.06 percent, on the BSE.

    HG Choraniya Bess, a wholly owned subsidiary of HG Infra Engineering entered into an battery energy storage purchase agreement with Gujarat Urja Vikas Nigam on November 28, 2025 for procurement of battery energy storage system for 300 MW/ 600 MWh on long term basis, " company said in its exchange filing.

    Catch all the market action on our live blog

    Last week, HG Infra Engineering (with 40% share) jointly with Kalpataru Projects International has been declared as L-1 bidder by the Maharashtra Metro Rail Corporation in a joint venture bidding for a bid project cost of Rs 1415 crore.

    Also HG Infra Engineering has received an order for executing infrastructure works at DLF Downtown, Phase-2 project located at Sector-25A, Gurugram, Haryana by DLF Cyber City Developers in the state of Haryana for the project of Rs 274.11 crore.

    In the previous trading session, the share closed at Rs 865.60, down Rs 16.55, or 1.88 percent.

    The share touched a 52-week high of Rs 1,560.95 and a 52-week low of Rs 854.75 on 02 January, 2025 and 19 November, 2025, respectively.

    Currently, the stock is trading 44.55 percent below its 52-week high and 1.27 percent above its 52-week low.

    The market capitalisation of the company stands at Rs 5,641.21 crore.

    Moneycontrol News
    first published: Dec 1, 2025 07:32 am

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