Highway Infrastructure bags Rs 328.77 crore toll contract from NHAI
HILINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Highway Infrastructure has received a Letter of Acceptance worth Rs 328.77 crore from NHAI for operating and collecting user fee at Kaza Fee Plaza on NH-16 in Andhra Pradesh. The 82.5 km stretch contract covers toll collection, upkeep and maintenance of adjacent toilet blocks for one year.
Strong revenue addition from a government contract, boosts order book and gives one year of steady earnings visibility.