December 1, 2025 – Shares of HG Infra Engineering are under the spotlight following key developments in renewable energy and infrastructure projects.

The company’s wholly owned subsidiary, HG Choraniya Bess, signed a battery energy storage purchase agreement with Gujarat Urja Vikas Nigam (GUVNL) on November 28, 2025, for a 300 MW / 600 MWh system on a long-term basis.

Additionally, HG Infra Engineering, holding a 40% stake in a joint venture with Kalpataru Projects International, was declared L-1 bidder by Maharashtra Metro Rail Corporation for a project valued at ₹1,415 crore. The company also secured an infrastructure project at DLF Downtown Phase-2, Gurugram, worth ₹274.11 crore.

In the previous trading session, HG Infra shares closed at ₹865.60, down 1.88%, and currently trade 44.55% below their 52-week high of ₹1,560.95. The stock has a market capitalization of ₹5,641.21 crore.

Investors will be watching closely as the company’s involvement in renewable energy and urban infrastructure projects could drive future growth.