Two brokerages maintain ‘buy’ rating on HG Infra, see up to 25% upside – key reasons

Brokerages reported that the company has made about 8% progress on the Ganga Expressway in the first four months and is optimistic about finishing the project earlier than expected in about 24 months rather than the allotted 27 months; it is aiming for the early completion bonus of about  <span class='webrupee'>₹</span>50 crore.

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Two brokerages maintain ‘buy’ rating on HG Infra, see up to 25% upside – key reasons