Shares of H.G. Infra Engineering rose as much as 13.9% to an intraday high of ₹513.50 on the National Stock Exchange on Thursday, September 24, 2026, from a closing price of ₹450.70 the previous day. The rally followed the company’s announcement that it had received a certificate of completion from the National Highways Authority of India on September 23, 2026, for an engineering, procurement and construction project, as disclosed in a regulatory filing. The certificate confirmed that the Delhi Urban Extension Road-II project was fit for entry into commercial operation.

H.G. Infra Engineering was awarded the EPC contract for the ₹1,393.11 crore Delhi Urban Extension Road-II (UER-II) project in July 2021. The contract covered the development of a six-lane urban extension road, NH-344 M, Package 1, from NH 1 to Karala-Kanjhawala Road, covering kilometre markers 0+700 to 15+000 in Delhi, executed on an EPC mode. The project was completed as per schedule, and the National Highways Authority of India declared it fit for commercial operation on 28 February 2025.

The company reported a consolidated net loss of ₹45.14 crore for the April-June quarter of the 2026-27 financial year, compared with a profit of ₹98.82 crore in the corresponding period of the preceding fiscal year. Consolidated revenue from operations fell 25.75% year-on-year to ₹1,100.59 crore during the quarter, versus ₹1,482.20 crore in Q1 FY26. Its order book stood at ₹14,502 crore as of 30 June 2026, according to the regulatory filing.

At approximately 1:51 PM, the shares traded 11.38% higher at ₹502 per unit. Over the week, the scrip has advanced 9%, but it has fallen 32% year-to-date. The stock reached a 52-week high of ₹1,014 per equity share on 23 September 2025 and a year’s low of ₹429.50 on 30 March 2026. These figures illustrate the recent trading activity of the company’s equity.

H.G. Infra Engineering’s total market capitalisation was ₹3,268.33 crore as of 24 September 2026, according to NSE data. The company’s order book of ₹14,502 crore reflects a substantial backlog, while the recent certificate of completion for the Delhi UER-II project underscores its delivery of large-scale infrastructure contracts. Investors noted the share price movement following the NHAI certification, which contributed to the 13.9% intraday gain observed on 24 September 2026.