HECPROJECTNSEHEC Infra Projects LimitedMediumPositive
Announced Tue, 19 May · 22:25 IST

HEC Infra Projects Limited has informed the Exchange about Bagging/Receiving of orders/contracts

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HECPROJECT · price

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

Price reaction · full curve 14 horizons · vs prior close
-2.0%1-day move
₹126.99
prior close
₹127.40
base price
After-mkt
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AI summary

HEC Infra Projects Limited has received a work order worth Rs. 11.48 crores from Power Grid Corporation of India Limited, a domestic government entity. The order involves supply, erection, testing, and commissioning works for augmenting transformation capacity at the 400/220 kV Neemrana substation by adding a 500 MVA transformer and associated bays. The project is to be completed within 15 months. The company notes this order positions it well for future bidding opportunities in similar projects with both government and private entities across other states.

Likely market impact

This order provides revenue visibility for the company and strengthens its order book. Being from a government PSU like Power Grid adds credibility, though the size appears modest relative to typical infrastructure company revenues.