Penny stock under Rs 100 with Rs 778.20 crore order book: EPC company receives Rs 3,05,03,000 orders from Atal Indore City Transport Services Ltd

DSIJ Intelligence-1 / 06 Oct 2025/ Categories: Penny Stocks, Trending

The stock is up by 9.83 per cent from its 52-week low of Rs 78.50 per share.

Highway Infrastructure Ltd has significantly bolstered its EPC (Engineering, Procurement and Construction) Order Book by securing two new contracts from the domestic entity, Atal Indore City Transport Services Limited (AICTSL). These projects fall under the central government's PM-eBus Seva scheme, which promotes sustainable urban public transport through the adoption of electric buses. The total value of these two electrification orders is Rs 3,05,03,000, comprising Rs 1.96 crore for the Nayta Mundla Depot and Rs 1.09 crore for the Dewas Naka Depot (Niranjanpur).

The scope of work for both contracts is the Supply, Installation, Testing and Commissioning (SITC) of External Electrification Infrastructure for E-bus charging. This infrastructure is crucial for establishing the necessary charging facilities at the depots. The Nayta Mundla project, valued at Rs 1,96,35,000 (or Rs 1.96 crores), has a mandated execution period of four months from the date of contract signing. A key condition for this order includes a total security deposit of 16 per cent of the contract value (3 per cent Performance Security plus 13 per cent Additional Performance Bank Guarantee), both in the form of a Term Deposit Receipt.

Also Read: Penny stock below Rs 5 with 7,350% multibagger returns, locked in the upper circuit on October 06

With these new additions, the company's total consolidated order book now stands at a strong Rs 778.2 crore. The EPC segment accounts for 75 per cent of this total (Rs 587.1 crore), while toll projects make up the remaining 25 per cent (Rs 191.1 crore). The company has seen significant momentum, recording a 41 per cent growth in its EPC order book and 47 per cent overall growth since March 2025, highlighting its increasing role in India's green transport and infrastructure development under initiatives like the PM-eBus Seva.

With DSIJ's Penny Pick, you gain access to carefully researched Penny Stocks that could be tomorrow’s leaders. Ideal for investors seeking high-growth plays with minimal capital. Click here to download the PDF guide.

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.

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 October 06, 2025, the company's consolidated Order Book is Rs 778.20 crore, consisting of Rs 191.10 crore in the Tollway collection business and Rs 587.10 crore in the EPC infra business. The stock is up by 9.83 per cent from its 52-week low of Rs 78.50 per share.

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