H.G. Infra Engineering Limited share price is expected to remain in focus after the infrastructure company secured a major road construction project in Maharashtra, further strengthening its order pipeline in the transportation infrastructure segment.
According to the company’s regulatory filing, HG Infra Engineering received a Letter of Award from Welspun Enterprises Limited on May 11, 2026, for the construction of a 6-lane highway corridor in Maharashtra.
The contract has been awarded under the item rate model and involves both new highway development and improvement of existing road infrastructure.
The total project cost attributable to HG Infra Engineering stands at approximately ₹3,931.11 crore excluding taxes.
The order marks one of the significant additions to the company’s infrastructure portfolio and is expected to support long-term execution visibility.
Large EPC contracts of this scale generally contribute meaningfully towards revenue growth and strengthen future business visibility for engineering and construction companies.
The project involves development of a six-lane highway corridor, including partially elevated sections, between Pune and Shirur on NH-753F in Maharashtra.
The scope of work also includes improvement of the existing road stretch from Km 10+600 to Km 64+000 with a minimum design length of approximately 53.40 kilometres.
The highway expansion is aimed at improving traffic flow, reducing congestion, and enhancing regional road connectivity.
HG Infra stated that the project is expected to be completed within a construction period of 36 months.
Multi-year infrastructure projects typically provide stable execution opportunities and help companies maintain revenue momentum over extended periods.
Read More: HG Infra Engineering Share Price in Focus; Launches New Subsidiary for Odisha Highway Project!
As of 12 May 2026, at 9:28 AM, HG Infra share price is trading at ₹641.90 per share, reflecting a surge of 1.93% from the previous closing price.
The ₹3,931 crore Maharashtra highway project significantly strengthens HG Infra Engineering’s infrastructure order book and reinforces its position in India’s growing road construction and EPC sector.
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Published on: May 12, 2026, 10:42 AM IST
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