Mumbai, September 4 (Kiran News): Shares of Highway Infrastructure inched higher on Thursday after the company announced that it had received a Letter of Acceptance (LoA) worth ₹18.97 crore from the National Highways Authority of India (NHAI).
The stock was trading at ₹94.98 on the BSE, up by ₹0.74 or 0.79% from its previous close of ₹94.24. The scrip opened at ₹96.01 and touched an intraday high of ₹96.88 and a low of ₹93.90. A total of 65,983 shares were traded on the counter.
The company’s market capitalisation currently stands at ₹677.98 crore. The stock has a 52-week high of ₹134.89 recorded on August 14, 2025, and a 52-week low of ₹87.34 on August 28, 2025. Over the past week, it has traded between ₹98.54 and ₹93.13.
Promoters hold 70.04% in the company, while institutional investors own 6.10% and non-institutional investors 23.86%.
The LoA, issued on September 3, 2025, covers the operation of a 4-lane Greenfield Expressway spur from the Delhi-Vadodara Greenfield Expressway in Rajasthan. The contract is valued at ₹18.97 crore and is to be completed within 90 days.
Highway Infrastructure is engaged in infrastructure development and management. The company operates in tollway collection, infrastructure projects, and the real estate sector.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.