HG Infra Engineering secured a ₹763.11 crore highway project in Uttar Pradesh from the Ministry of Road Transport and Highways. The project involves upgrading a 63.84 km stretch of National Highway 227B. Despite a recent dip in quarterly profits, the company’s stock has performed well, rising 72% in 2024.
Infosys’ weak Q4 earnings has a price, brokerages slash targets by 9-13%
Infosys reported a 12% YoY drop in Q4 net profit and missed revenue estimates. The company in its guidance has projected revenue growth of 0%–3%