Synopsis:
Highway Infrastructure Limited has won a contract from the National Highways Authority of India for a consideration of Rs.31.08 crore to manage the Chotiya Fee Plaza in Chhattisgarh.
The shares of a microcap company involved in infrastructure projects such as roads, highways, bypasses, expressways, bridges, flyovers, and the construction of residential buildings came to the spotlight after winning a contract by the National Highways Authority of India worth Rs.31.08 crores.
With a market capitalization of Rs.605.61 crore, the shares of Highway Infrastructure Limited were trading at Rs.84.44, down by 0.49 percent from the previous day’s closing price of Rs.84.86.
Contract
The Highway Infrastructure Limited has received a domestic order from the National Highways Authority