HGINFRA wins Rs 241 Cr ITI Bhiwadi Cluster PPP project from Rajasthan Govt

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HGINFRA · price

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

+0.3%Reaction day

₹548.60

prior close

₹553.00

announcement price

After-mkt

timing

Nifty Microcap 250market+0.4%-0.1% vs market

Civil Construction peers, median of 99sector-0.6%+0.9% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.9 pts more 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

+2.7

10m

+2.2

15m

+2.0

30m

+1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.4-0.1-0.6+0.9

Next day

-3.9+0.5-4.4-0.6-3.3

-4.7+0.6-5.3-1.2-3.5

-6.1+0.7-6.9-1.1-5.0

-7.2+1.1-8.3-1.7-5.5

-6.3+0.5-6.8-2.3-4.0

-6.5+1.3-7.8-1.7-4.7

15d

-13.7+0.5-14.2-2.9-10.8

-14.1-0.8-13.3-5.2-8.9

-26.7-0.9-25.7-9.7-16.9

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 99Pending

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

AI summary

HGINFRA received Letter of Award from Rajasthan Govt Department of Skill, Employment and Entrepreneurship for Operation and Management of ITI Bhiwadi Cluster under PM-SETU scheme. Total estimated project cost is Rs 241 Crore; HGINFRA's share as Anchor Industry Partner is 17.10 percent (about Rs 41 Crore). Project period is 10 years under Public Private Partnership mode. This confirms the earlier announcement dated July 13, 2026.

Likely market impact

Modest sized order (around Rs 41 Crore share), but adds 10-year recurring revenue visibility from a government skill development PPP.