H.G. Infra Engineering shines on reporting 88% upward push in Q3 consolidated net earnings

H.G. Infra Engineering shines on reporting 88% upward push in Q3 consolidated net earnings

by admin- Monday, February 4th, 2019 04:12:39 PM

HG Infra Engineering is presently buying and selling at Rs. 208.70, up with the aid of 6.Eighty factors or 3.37 % from its previous last of Rs. 201.Ninety on the BSE.

The scrip opened at Rs. 204.25 and has touched a high and low of Rs. 216.25 and Rs. 204.25 respectively. So a long way 10473 stocks have been traded at the counter.

The BSE institution ‘B’ inventory of face price Rs. 10 has touched a 52 week high of Rs. 355.Seventy five on 23-Apr-2018 and a fifty two week low of Rs. A hundred and seventy.20 on 29-Oct-2018.

Last one week high and occasional of the scrip stood at Rs. 217.15 and Rs. 190.20 respectively. The cutting-edge market cap of the company is Rs. 1363.Seventy one crore.

The promoters holding within the enterprise stood at seventy three.74%, whilst Institutions and Non-Institutions held sixteen.86% and 9.Forty% respectively.

H.G. Infra Engineering has pronounced a upward push of eighty five.Ninety six% in its net income at Rs 35.24 crore for the quarter ended December 31, 2018 underneath evaluate in comparison to Rs 18.Ninety five crore for the equal quarter in the previous year. Total earnings of the employer increased by seventy one.Forty one% at Rs 553.79 crore for Q3FY19 in comparison Rs 323.07 crore for the corresponding quarter preceding yr.

On the consolidated foundation, the agency has said a rise of 87.60% in its net profit at Rs 35.55 crore for the region beneath assessment in comparison to Rs 18.Ninety five crore for the equal region within the preceding 12 months. Total earnings of the company elevated by seventy one.48% at Rs 553.99 crore for Q3FY19 in comparison Rs 323.07 crore for the corresponding quarter preceding yr.

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