52-Week Low Alert in This Penny Stock After Receiving Order of Rs 31,07,77,777 from National Highways Authority of India (NHAI)

DSIJ Intelligence-1 / 25 Sep 2025/ Categories: Penny Stocks, Trending

52-Week Low Alert in This Penny Stock After Receiving Order of Rs 31,07,77,777 from National Highways Authority of India (NHAI)

As of May 31, 2025, the company's consolidated Order Book is Rs 666.3 crore, consisting of Rs 59.5 crore in the Tollway collection business and Rs 606 crore in the EPC infra business.

On Thursday, shares of Highway Infrastructure Limited plunged and hit a fresh 52-week low of Rs 84.29 per share from its previous closing of Rs 84.86 per share.

Highway Infrastructure Limited has secured a domestic contract from the National Highways Authority of India (NHAI) to operate the Chotiya Fee Plaza at km 117.150 on the Katghora to Shivnagar highway in Chhattisgarh. The agreement, signed on September 24, 2025, is for a period of 365 days and includes the collection of user fees and the maintenance of adjacent toilet blocks. With a contract value of Rs 31,07,77,777, Highway Infrastructure Limited is scheduled to take over the fee plaza on October 11, 2025. This project represents a significant order for the company, focusing on the operation of a toll fee plaza on a key domestic highway.

About the Company

Incorporated in 2006, Highway Infrastructure Ltd is in the tollway collection, EPC Infra-projects, and real estate business. HIL is an infrastructure development and management company engaged in toll collection, EPC infrastructure projects, and real estate. It operates tollways across 11 states and 1 Union Territory, including the Delhi–Meerut Expressway, where it uses ANPR technology. The company employs advanced electronic toll systems integrating RFID tags and digital payments, enabling contactless, efficient, and error-free toll transactions.

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The company has a market cap of over Rs 600 crore and has delivered good profit growth of 24 per cent CAGR over the last 5 years. As of May 31, 2025, the company's consolidated Order Book is Rs 666.3 crore, consisting of Rs 59.5 crore in the Tollway collection business and Rs 606 crore in the EPC infra business.

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Disclaimer: The article is for informational purposes only and not investment advice.