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H.G. Infra Engineering Clinches Order Worth INR39.3 Billion from Welspun Enterprises

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H.G. Infra Engineering (NSE:HGINFRA, BOM:541019) has secured an order worth 39.3 billion Indian rupees from Welspun Enterprises (NSE:WELENT, BOM:532553), according to a Monday filing to the Indian stock exchanges.

Shares of H.G. Infra Engineering were up nearly 2% in Tuesday's trade.

The contract is for the construction of a six-lane highway corridor along with the improvement of the existing road in the Pune to Shirur section of National Highway-753F in Maharashtra, India.

The project is expected to be completed in 36 months.

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