HEC Infra Projects Secures ₹21.70 Crore AMC Work Order; Stock Gains Over 1.50%

September 2, 2025: HEC Infra Projects Limited announced today that it has secured a significant work order from the Ahmedabad Municipal Corporation (AMC). The announcement triggered positive investor sentiments, with the share closing 1.53%, or 2.33 points higher at ₹154.90, at the end of today’s market session.

Intraday High of ₹156 With Market Cap Reaching ₹168.97 Crore

The shares made an intraday high of ₹156 and a low of ₹150 during the trading session. The company’s total market capitalisation stands at ₹168.97 crore, with a free-float market cap of ₹42.35 crore. The stock has traded between a 52-week low of ₹82.01 (April 8, 2025) and a 52-week high of ₹184.10 (June 25, 2025).

HEC Infra Projects Limited is an Indian company that operates as an Engineering, Procurement, and Construction (EPC) firm. It was incorporated in 2007 and is headquartered in Ahmedabad, Gujarat, India. It has HECPROJECT as its NSE ticker symbol and 539272 as the BSE code.

Augmentation and Construction Order Worth ₹21.70 crore

The company announced that the order has been awarded to the company in a joint venture with Jay Bilnath Construction Co. The project, valued at ₹21.70 involves the augmentation of the existing water distribution station and construction of a 5 LL capacity Elevated Service Reservoir (ESR) with electro-mechanical works at Madhubag water distribution station in Khadiya ward, Central Zone of AMC. The execution timeline for the project is set at 36 months.

What Does This Mean For HEC Infra?

The order win is a significant positive development for HEC Infra as it will add a substantial amount to the company’s revenue along with providing 36 months of revenue visibility. A project from a government body is always a good sign, as it increases goodwill and the chance of getting larger projects in the future. All eyes will be on how the company executes the projects in the next 36 months.

REF: https://nsearchives.nseindia.com/corporate/HECPROJECT_02092025123602_amc_wo_21_cr.pdf

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