Highway Infrastructure Shares Surge 8% in Early Trade
Shares of Highway Infrastructure have seen a significant jump of 8% in the opening trade on December 10, after the company received a major order from the National Highways Authority of India (NHAI) worth Rs 328 crore.
Order Details
The company will operate the Kaza fee plaza on the Chilakaluripet-Vijayawada section of NH-16 in Andhra Pradesh. This new order is a significant boost to the company's infrastructure development plans.
Stock Performance
At 09:16 am, Highway Infrastructure shares were trading at Rs 67.13, up by Rs 5.04 or 8.12% on the BSE. The stock has been performing well, with a net profit of Rs 9.7 crore reported in the September quarter, compared to Rs 1.6 crore in the year-ago period.
Recent Orders and Contracts
- In September, the company received a Letter of Award (LOA) worth Rs 69.8 crore from NHAI for operating the Muzaina Hetim Fee Plaza in Uttar Pradesh.
- It has also entered into a contract agreement to operate a toll plaza on a 4-lane Greenfield Expressway in Rajasthan for Rs 18.97 crore, with operations scheduled to commence on September 11.
Market Trends
The stock has touched a 52-week high of Rs 134.89 and a 52-week low of Rs 59.80 on August 14, 2025, and December 9, 2025, respectively. Currently, the stock is trading 53.97% below its 52-week high and 3.83% above its 52-week low. The market capitalization of the company stands at Rs 445.31 crore.
With this new order, Highway Infrastructure is expected to continue its growth momentum in the infrastructure development and highway construction sectors, making it a promising investment opportunity for those interested in stock market trends and market analysis.