Highway Infrastructure wins Rs 254 crore toll orders
In short
Highway Infrastructure got toll work orders worth Rs 254 crore from UPEIDA and NHAI. The biggest one is Rs 220.66 crore for the Gorakhpur Link Expressway, including toll collection, plaza operations, and safety vehicles.
The stock jumped about 9% after the news. It is not stated when the work begins or how long the contracts will last.
What the reporting says
Highway Infrastructure won toll operations orders worth Rs 254 crore from UPEIDA and NHAI, according to publisher summaries. The main contract, valued at Rs 220.66 crore, covers toll collection and plaza operations on the Gorakhpur Link Expressway, plus patrol-cum-safety vehicles. The shares rose about 9% after the announcement. The reporting does not say when the work starts or how long it will run.
Why it matters
Highway Infrastructure’s reported contract win from UPEIDA and NHAI is positive for its toll-operations business and helped lift the stock about 9%. The largest order, worth Rs 220.66 crore, is for the Gorakhpur Link Expressway and includes toll collection, plaza operations and patrol-cum-safety vehicles. The reporting does not say the contract duration, start date, or whether the full Rs 254 crore value has been recognized.