The price band for the Jodhpur-based HG Infra Engineering Ltd’s initial public offering (IPO) was Rs263-270. Mumbai: Shares of HG Infra Engineering Ltd made a tepid debut on the stock market on Friday. At 11.17am, HG Infra shares traded at Rs272, up 0.74% from its issue prices of Rs270. HG Infra is an infrastructure construction, development and management company which focuses on road projects, including highways, bridges and flyovers. Its order book has grown to Rs4,000 crore at the end of FY17 from Rs1,000 crore in FY15.

Source: Mint March 09, 2018 06:00 UTC