Penny stock under Rs 100 with Rs 778.20 crore order book: Road EPC company receives Rs 11,76,30,000 order from NHAI

DSIJ Intelligence-1 / 24 Oct 2025/ Categories: Penny Stocks, Trending

The stock is up by 6.74 per cent from its 52-week low of Rs 75.53 per share.

Highway Infrastructure Limited (HIL) has been awarded a contract by the National Highways Authority of India (NHAI) for user fee collection and facility upkeep on the 4-lane Ujjain–Garoth section (Package I, II & III) of NH-752D in Madhya Pradesh. This Letter of Award (LOA), issued on October 23, 2025, through a competitive e-tendering process, is valued at Rs 11,76,30,000.

The contract's scope is for a short duration of 90 days and includes the operation of toll collection and the maintenance of adjoining amenities like toilet blocks, including the replenishment of consumables. This order signifies HIL's strong capabilities in the Toll Operations sector.

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About the Company

Incorporated in 2006, Highway Infrastructure Ltd is a leading infrastructure development and management company with diversified operations across tollway collection, EPC projects, and Real Estate. Operating in 11 states and 1 Union Territory, the company leverages advanced technology for efficient toll operations and high-quality project execution. Guided by an experienced leadership team led by Mr Arun Kumar Jain, Highway Infrastructure has built a strong track record of project delivery and operational excellence. With a robust Order Book and a growing project pipeline, the company is strategically positioned to capitalise on emerging opportunities in India’s infrastructure and urban transport sectors.

The company has a market cap of over Rs 560 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 6.74 per cent from its 52-week low of Rs 75.53 per share.

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