Highways Infrastructure Up by 0.90% to ₹81.01 After Securing ₹25.26 Crore NHAI Expressway Contract

Mumbai, 14 October 2025: Shares of Highway Infrastructure Limited (NSE: HILINFRA | BSE: 544477) rose 0.90% to ₹81.01 in morning trade on Tuesday after the company’s acquisition of a Letter of Acceptance (LOA) by the National Highways Authority of India (NHAI) for undertaking operation and maintenance of an eight-lane access-controlled expressway section under the Delhi–Vadodara Expressway (DVE) project.

Highway Infrastructure Limited, established in 2006 and based in Indore, Madhya Pradesh, operates in the road asset and toll management business. The company manages and maintains expressways, toll plazas, and user facilities under contract with the National Highways Authority of India (NHAI). It continues to participate in future maintenance and toll projects across India with a specialized strategy for highway operation.

₹25.26 Crore NHAI Expressway Contract Creates Market Focus

The agreement worth ₹25.26 crore is for the collection of user fee, upkeep of toilet blocks, and refilling of consumables for a stretch of the expressway from Laban Village of Bundi (Km 337.171) to Gopalpura in Kota district (Km 417.810).

The execution period of the project is 90 days, and it has been classified under packages 12 to 14 of the DVE project. The company further stated that the contract does not bear any promoter interest or related-party transactions, thus being completely in adherence with regulatory and governance standards.

The expansion is a critical business milestone for Highway Infrastructure Limited, which is expanding its presence in toll operations and maintenance on key national highway corridors.

Share Price Rises Marginally by 0.90% Am͏id͏ ͏Volume Activity

At 10:13 a.m. IST, the stock was trading at ₹81.01, up 0.90% from its previous close of ₹80.29. The counter’s opening was at ₹82.94, intraday high at ₹83.49, and intraday low at ₹80.70.

Total market cap was ₹581.01 crore with a 52-week range of ₹78.46 to ₹131.40. The traded value of approx. ₹0.61 crore was reported with VWAP at ₹82.93.

Even though the stock is in a steady uptrend from recent lows, market analysts noted continued participation, with a deliverable-to-traded ratio of 53.61%, suggesti͏ng ͏m͏e͏asu͏red investor͏ acti͏vity dur͏ing ͏early hours.

Contract Win Reinforces Highway Infra’s Position in NHAI-Lined Projects

The fresh NHAI contract reinforces Highway Infrastructure Limited’s plan to focus on toll collection and expressway management contracts under the central government’s infrastructure expansion drive.

Market Reaction Captures Operational Growth Momentum

The marginal price appreciation indicates investor demand for the company’s expanding list of government-backed contracts. The ₹25.26 crore contract award evidence sustained momentum for mid-sized infrastructure players amid NHAI going full steam with asset monetization and operations outsourcing under its Hybrid Annuity Model (HAM) and Toll-Operate-Transfer (TOT) programs.

Experts indicate that these agreements offer constant cash flows in terms of user fee collection, which may improve operating stability and offer assured cash flows during the short execution duration.

The new NHAI contract for Highway Infrastructure Limited emphasizes its growing role in India’s highway operation and maintenance industry. The company’s growing involvement in government-funded projects reflects operational scale-up value in a segment that has priority under national infrastructure development plans. The ₹25.26 crore expressway project adds to its current pipeline and strengthens its market position in the toll management segment.

REF: https://nsearchives.nseindia.com/corporate/HIGHWAY123_13102025224240_HIL_Reg_30_Gopalpur_131025.pdf

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