HG Infra Engineering shares jump over 8% after receiving LoI from REC

economictimes · 2026-08-19

$HG

Shares of infrastructure development company HG Infra Engineering jumped over 8% to Rs 551.95 on the BSE on Wednesday, after the company received a letter of intent from REC Power Development and Consultancy Ltd, which is a wholly owned subsidiary of REC Ltd.In a regulatory filing on the BSE released on Tuesday, the company informed that it has received the letter of intent for the construction of 220/132/33 kV AIS Substation in Ranipur (Mau), and for 220/132/33kV AIS Substation in Chunar (Mirza

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