NHAI awards Rs 18.97 crore expressway operation contract

Business Updates View source PDF Explain this filing

HILINFRA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹94.10

prior close

₹96.05

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%-0.5% vs market

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.9

10m

-1.6

15m

-1.5

30m

-1.6

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-1.2-0.7-0.5

Next day

-3.4-0.7-2.7

-9.1-0.2-8.9

-6.7-0.1-6.6

-5.5+0.4-5.9

-6.9+0.3-7.2

-7.1+1.0-8.1

15d

-11.1-0.2-10.9

-11.5-1.2-10.4

-17.9+0.6-18.5

-31.9-4.3-27.6

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Highway Infrastructure received an NHAI letter of acceptance for operating a four-lane greenfield expressway spur from Bandikui to Jaipur, Rajasthan. The contract covers user-fee collection, adjacent toilet block upkeep and consumable replenishment. Its stated value is Rs 18.97 crore, with a 90-day execution period. It is a domestic award and not a related-party transaction.

Likely market impact

The Rs 18.97 crore NHAI award adds a new operating contract and may support business activity, but revenue and profit details were not disclosed.