Highway Infrastructure shares gain on Rs 64.68 crore NHAI contract win

Highway Infrastructure

Highway Infrastructure share price rose 1 percent in the opening trade on January 21 following the company received an order worth Rs 64.68 crore from NHAI.

At 09:17am, Highway Infrastructure was quoting at Rs 53.82, up Rs 0.49, or 0.92 percent, on the BSE.

Highway Infrastructure shares will remain in focus after the company received a Letter of Award (LoA) worth Rs 64.68 crore from the National Highways Authority of India (NHAI).

In an exchange filing, the company said it has been appointed as the user-fee collection agency at the Mundka Fee Plaza, located on the strategically significant Urban Extension Road-11 (UER-11) corridor connecting Delhi and Haryana.

The Rs 64.68-crore project involves the operation and collection of user fees at the Mundka Toll Plaza, along with the upkeep and maintenance of associated facilities, including toilet blocks and consumables. The contract has an execution period of three months from the date of commencement.”

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Last week, the company received a Letter of Award (LoA) from the Indore Development Authority (IDA) for a key road development project valued at Rs 69.68 crore (excluding applicable GST), with an execution timeline of 2.5 years.

Additionally, on January 5, 2026, the company received a Letter of Award (LoA) worth Rs 32,00,77,777 from the National Highways Authority of India (NHAI) for user-fee operations at the Jawar Fee Plaza, located at km 37.100 on the Mathura–Devinagar Bypass in Uttar Pradesh

In the previous trading session, the stock closed at Rs 53.33, down Rs 1.15, or 2.11 percent. The share hit a 52-week high of Rs 134.89 on August 14, 2025, and a 52-week low of Rs 53.00 on January 20, 2026.

At the current level, the stock is trading 60.46 percent below its 52-week high and 0.62 percent above its 52-week low. The company’s market capitalisation stands at Rs 382.49 crore.