CBI and ACB search H.G. Infra offices in corruption case

Enforcement raidRegulatory & Legal View source PDF Explain this filing

HGINFRA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-10.0%Reaction day

₹662.70

prior close

₹656.65

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-2.1%-7.9% vs market

Civil Construction peers, median of 95sector-1.9%-8.1% vs sector

On the reaction day the stock moved 7.9 pts less than Nifty Microcap 250 and 8.1 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.2

10m

-1.5

15m

-1.5

30m

-2.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-10.0-2.1-7.9-1.9-8.1

Next day

-11.4-2.0-9.4-1.7-9.7

-4.9-0.0-4.9-0.0-4.9

-4.8-0.4-4.4-1.5-3.3

-2.7+1.4-4.1-0.5-2.1

-4.2+0.1-4.3-1.6-2.6

+0.3+5.2-4.9+1.5-1.1

15d

-2.8+3.7-6.5+0.7-3.5

-11.0+3.5-14.5-2.1-8.9

-30.0-9.4-20.6-14.4-15.6

-8.7+9.0-17.7+3.5-12.2

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 95Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CBI and Anti-Corruption Bureau (ACB), Patna conducted search operations on January 21, 2026 at the company's Corporate Office in Jaipur, Regional Office in Gurugram, and a project site office in Bihar. Searches were conducted under the Prevention of Corruption Act, 1988 (sections 7, 7A, 8, 9). The company fully cooperated and said business operations continue normally. Violations and financial impact are not yet ascertainable. Further updates will be shared as developments occur.

Likely market impact

Negative short-term sentiment likely due to CBI involvement. Operations remain unaffected as of now. Watch for further updates.