Announced Wed, 9 Sept · 15:40 IST
Innovision wins two NHAI toll plaza mandates in Madhya Pradesh
INNOVISION · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-6.3%1-day move
₹276.60
prior close
₹276.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-1.0-1.3-1.5-6.3-7.4-8.1-8.1-8.7—————
Up moveDown movePending
AI summary
Innovision has received two Letters of Award from NHAI for user fee collection in Madhya Pradesh. IDTL A and B plazas on NH-3 carry a gross value of about Rs 219 crore. Pachwara plaza on NH-39 carries about Rs 24.5 crore. Both are one-year mandates won through competitive e-tender. Scope includes toll collection plus toilet block upkeep. Gross values represent collections remitted to NHAI; the company retains an agreed spread, not direct revenue.
Likely market impact
New NHAI toll contracts boost Innovision's footprint in Madhya Pradesh; positive for revenue visibility, though gross values are not net revenue.