HG Infra Engineering Ltd (NSE: HGINFRA): Shares of H.G. Infra Engineering Ltd have seen an increase of more than 5 percent over the day.
The reason for this rise in shares of the company on Monday was infrastructure projects.
The company claims that it received work for Rs 447 crore through South Central Railway.
What Is A Work Order?
The company has confirmed that the work order that they got through Southern Railway includes doubling the track as well as fixing the signal.
On Monday, it was the 4th trading session in which a rise was noticed in the prices of shares owned by the company.
In The Past Company Was Able To Get Crores Of Rupees Order
On March 1st, the company received work worth 772 crores in the form of Eastern Railway.
The company also stated in its announcement to stock exchanges that it would have 36 months to complete the project.
The company is required to increase the length of the 66.88 kilometers of railway tracks in Bihar.
Returns
Shares of this company have risen by 22 percent in the last year. But, the stock has fallen 0.64 percent over the past six months.
In the same period, the traders who invested in the position suffered losses of 2.57 percent throughout the month.
But the positive side is that there was an increase in trading hours over the last five days.
In the stock market, the company’s 52-week highest amount is 1016.75 per share, while the 52-week low is 738.50 per share.
About HG Infra Engineering Ltd Company
H.G. Infra Engineering Limited (HGIEL) is an industry-leading company for the development of infrastructure.
It is based in Rajasthan as well as several states of India. It includes projects on roads, highways, and bridges.
It also includes additional civil projects such as the extension and grading of runways trains, the development of land and pipelines for water.
The company was established in 2003.
Fundamental Analysis of HG Infra Engineering Ltd
| Market Cap | ₹ 6,037 Cr. |
| Current Price | ₹ 926.95 |
| 52-wk High | ₹ 1,019 |
| 52-wk Low | ₹ 736 |
| Stock P/E | 11.63 |
| Book Value | ₹ 331 |
| Dividend | 0.14 % |
| ROCE | 25.4 % |
| ROE | 29.4 % |
| Face Value | ₹ 10.0 |
| P/B Value | 2.79 |
| OPM | 19.7 % |
| EPS | ₹ 79.7 |
| Debt | ₹ 1,441 Cr. |
| Debt to Equity | 0.67 |
HG Infra Engineering Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 900 | ₹ 1150 |
| 2025 | ₹ 1200 | ₹ 1340 |
| 2026 | ₹ 1390 | ₹ 1500 |
| 2027 | ₹ 1521 | ₹ 1600 |
| 2028 | ₹ 1690 | ₹ 1800 |
| 2029 | ₹ 1850 | ₹ 2100 |
| 2030 | ₹ 2150 | ₹ 2390 |
HG Infra Engineering Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 74.53% |
| Mar 2023 | 74.53% |
| June 2023 | 74.53% |
| Sept 2023 | 74.53% |
| Dec 2023 | 74.53% |
| FII Holding | |
| Dec 2022 | 0.57% |
| Mar 2023 | 1.34% |
| June 2023 | 1.59% |
| Sept 2023 | 1.67% |
| Dec 2023 | 1.56% |
| DII Holding | |
| Dec 2022 | 14.04% |
| Mar 2023 | 14.01% |
| June 2023 | 13.14% |
| Sept 2023 | 13.05% |
| Dec 2023 | 12.45% |
| Public Holding | |
| Dec 2022 | 10.87% |
| Mar 2023 | 10.12% |
| June 2023 | 10.73% |
| Sept 2023 | 10.74% |
| Dec 2023 | 11.47% |
HG Infra Engineering Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 2,014 Cr |
| 2020 | ₹ 2,217 Cr |
| 2021 | ₹ 2,610 Cr |
| 2022 | ₹ 3,751 Cr |
| 2023 | ₹ 5,206 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 127 Cr |
| 2020 | ₹ 167 Cr |
| 2021 | ₹ 237 Cr |
| 2022 | ₹ 380 Cr |
| 2023 | ₹ 519 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.36 |
| 2020 | 0.49 |
| 2021 | 0.65 |
| 2022 | 0.82 |
| 2023 | 0.99 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | 42% |
| 3 Years: | 43% |
| Current Year: | 19% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | 27% |
| 3 Years: | 29% |
| Last Year: | 29% |
Sales Growth Over 10 Years:
| 10 Years: | — |
| 5 Years: | 27% |
| 3 Years: | 28% |
| Current Year: | 25% |
Conclusion
This article is a complete guide about HG Infra Engineering Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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