INNOVISIONBSEINNOVISION LIMITEDHighPositive
Announced Tue, 8 Sept · 16:36 IST

Innovision wins Rs 219 cr NHAI toll collection order for Indore-Dewas highway

Govt Defence OrderBusiness Updates View source PDFExplain this filing

INNOVISION · price

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Price reaction · full curve 14 horizons · vs prior close
+6.3%1-day move
₹251.35
prior close
₹268.00
base price
After-mkt
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+10.1+8.8+6.8+4.1+6.3+3.2+1.9+1.1+1.2+1.2
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AI summary

Innovision Limited has received a Letter of Award from NHAI worth Rs 219.07 crore for engagement as a user fee agency. The contract covers toll collection at IDTL A and IDTL B Fee Plazas on the six-lane Indore-Dewas section of NH-3 in Madhya Pradesh, along with upkeep and maintenance of adjacent toilet blocks. The order, awarded on 07.09.2026 through competitive e-tender, is for a 1-year period. This is a domestic order and not a related party transaction.

Likely market impact

Large government infrastructure win strengthens near-term revenue visibility; positive signal for order book and execution pipeline.