Case study

HGINFRA

HG Infra Engineering (Part IX)

Worth a closer look1y model +6.0%

Each stock's 10,000-path forecast, rendered as light.

57Score

HG Infra Engineering (Part IX) (HGINFRA) Stock Analysis & Case Study

Is HGINFRA a good buy? The data-driven verdict.

HG Infra Engineering (Part IX) (HGINFRA) trades at ₹549,on the numbers it worth a closer look, a Downstox Snapshot Score of 57/100.

On the numbers, HG Infra Engineering (Part IX) (HGINFRA) worth a closer look, a Downstox Snapshot Score of 57/100, weighing inexpensive at 13.5× earnings, ROE of 8.5%, a 56% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

HGINFRA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹3,579 Cr
Current price
₹549
P/E ratio
13.5×
P/B ratio
1.10×
Book value
₹501
Dividend yield
0.36%
ROCE
11.3%
ROE
8.5%
Piotroski F-Score
4/8

How HGINFRA ranks against the 2,373 companies in our screener

Is HGINFRA overvalued? HGINFRA P/E vs peers

HGINFRA trades at 13.5× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

HGINFRA share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 8.3y of HGINFRA history (9%/yr drift, 38%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
HGINFRA 2027₹357₹582₹950+6%
HGINFRA 2028₹308₹617₹1,238+12%
HGINFRA 2029₹275₹655₹1,559+19%
HGINFRA 2030₹256₹694₹1,881+26%
HGINFRA 2031₹244₹736₹2,220+34%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability HGINFRA goes up, or doubles?

56%
Higher in 1 year
Modelled chance the price is above today in 12 months
63%
Higher in 5 years
Modelled chance the price is above today in 5 years
33%
Doubles in 5 years
Modelled chance of reaching ₹1,098 within 5 years

The bull case for HGINFRA

  • HGINFRA's P/E of 13.5x is lower than 78% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Low price-to-book of 1.10×, the market is paying little over the company's net assets.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,559.

The bear case & risks

  • HGINFRA's return on equity of 8.5% ranks in the 42nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹275.

HGINFRA volatility & expected range, how bumpy is the ride?

Over the last 8.3 years HGINFRA compounded at 9%/year with annualized volatility of 38%. That volatility implies a 1-year 80% range of ₹357-₹950, the honest backbone behind any single price target.

HGINFRA price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 8.3 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
6.0%
80% range₹357-₹950
P(price ↑)56%
P(price 2×)5%
3-Year Forecast
2029
₹0
Median (P50)
19.2%
80% range₹275-₹1,559
P(price ↑)61%
P(price 2×)22%
5-Year Forecast
2031
₹0
Median (P50)
34.0%
80% range₹244-₹2,220
P(price ↑)63%
P(price 2×)33%

HGINFRA price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
HGINFRA simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds HGINFRA hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the HGINFRA price target & forecast page.

HGINFRA Piotroski F-Score: 4/8, how financially strong is it?

4/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. HGINFRA scores 4/8, mixed financial health.

HGINFRA MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy HGINFRA with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
ZerodhaCHEAPEST33.17%3.0×
Groww60.00%1.7×
DhanCHEAPEST33.17%3.0×
Kotak Neo40.00%2.5×
Paytm Money33.45%3.0×
Pocketful33.78%3.0×
Anand RathiCHEAPEST33.17%3.0×
Bajaj Broking40.00%2.5×
Share India33.31%3.0×

Compare every broker on the HGINFRA MTF page.

About HG Infra Engineering (Part IX): sector, index & market-cap context

HG Infra Engineering (Part IX) (HGINFRA) is a small-cap NSE-listed company, with a market capitalisation of ₹3,579 Cr. See more stocks on our screener.

How the HGINFRA Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of HG Infra Engineering (Part IX)'s public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

HGINFRA analysis, FAQs

Is HG Infra Engineering (Part IX) (HGINFRA) a good buy?

On the numbers, HG Infra Engineering (Part IX) (HGINFRA) worth a closer look, a Downstox Snapshot Score of 57/100, weighing inexpensive at 13.5× earnings, ROE of 8.5%, a 56% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is HGINFRA overvalued or undervalued?

HGINFRA trades at 13.5× earnings, inexpensive versus the ~22× long-run Nifty average.

What is the HGINFRA share price target for 2031?

HGINFRA's probability-weighted 2031 median target is ₹736, with an 80% range of ₹244-₹2,220 (10,000-path Monte-Carlo).

What is the probability HGINFRA doubles in 5 years?

The modelled probability of HGINFRA reaching ₹1,098 (2×) within 5 years is 33%.

What is the bull case for HGINFRA?

HGINFRA's P/E of 13.5x is lower than 78% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. Low price-to-book of 1.10×, the market is paying little over the company's net assets.

What are the risks in HGINFRA?

HGINFRA's return on equity of 8.5% ranks in the 42nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on HGINFRA