HG Infra Engineering
Share Market
C
CNBC Awaaz23-01-2026, 13:18

HG Infra Shares Plunge 16% After CBI, ACB Raids Across Offices

  • HG Infra Engineering Ltd. shares dropped nearly 16% following search operations by CBI and ACB, Patna.
  • The raids occurred on January 21, 2026, at the company's corporate office in Jaipur, regional office in Gurugram, and a project site in Bihar.
  • The company stated full cooperation with investigators, providing all requested information and clarifications.
  • HG Infra confirmed that day-to-day business operations remain unaffected, and the extent of financial loss or alleged irregularities is yet unknown.
  • The share closed at ₹552, significantly below its 52-week high of ₹1,334, indicating investor concern over the raid news.

Why It Matters: HG Infra shares crashed 16% due to CBI and ACB raids, raising investor concerns despite company cooperation.

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