H.G. Infra Engineering forms new arm for major Odisha ring road project, stock up 3%H.G. Infra Engineering forms new arm for major Odisha ring road project, stock up 3%

Introduction

Leading infrastructure company incorporated wholly owned subsidiary on April 04 2026 as SPV for six lane Odisha ring road project under Hybrid Annuity Mode.

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Share price movement of H.G. Infra

On April 20, 2026, H.G. Infra Engineering Ltd opened at ₹625.00, up 0.58% from its previous close of ₹621.45. The stock reached a high of ₹640.45 (3.05%) and a low of ₹617.50 (0.64%). By 12:02 PM, it traded at ₹633.90, a 2.00% increase, with a market cap of ₹4,131.20 crore.

H.G. Infra Forms SPV Subsidiary 

H.G. Infra Engineering Limited announced incorporation of wholly owned subsidiary H.G. Gobindpur Tangi Highway Private Limited on April 04 2026 as special purpose vehicle for NHAI project.

The SPV will execute six lane access controlled Capital Region Ring Road Package III in Odisha under Hybrid Annuity Mode from Gobindpur to Tangi covering 40.33 kilometre stretch.

Project cost is Rs 1582.11 crore with construction period of 910 days. The subsidiary has authorised and subscribed capital of Rs 15 lakh each and is yet to commence operations.

Stock performance of H.G. Infra for period of 1 week, 6 months, and 1 year

H.G. Infra Engineering Ltd delivered a 1 week return of 12.2%, a 6 month return of -33.5%, and a 1 year return of -44.6%.

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Shareholding pattern of H.G. Infra

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	71.80%	71.80%	71.80%
FII	1.40%	1.90%	2.30%
DII	10.70%	11.10%	11.60%
Public	16.20%	15.20%	14.30%

About H.G. Infra

H.G. Infra Engineering Ltd (NSE: HGINFRA) is an EPC company engaged in construction and maintenance of roads, bridges, flyovers and other infrastructure projects in India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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