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Highway Infrastructure Limited Secures Major Expressway Contract

Story Highlights
  • Highway Infrastructure Limited wins a major contract from NHAI for expressway operations.
  • The contract, worth over Rs. 25 crore, boosts the company’s market position and revenue potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Highway Infrastructure Limited Secures Major Expressway Contract

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Highway Infrastructure Limited ( (IN:HILINFRA) ) has provided an update.

Highway Infrastructure Limited has secured a significant contract from the National Highways Authority of India (NHAI) for the operation of an eight-lane access-controlled expressway in Rajasthan. The contract, valued at over Rs. 25 crore, involves toll fee collection and maintenance of facilities along the expressway, with a completion timeline of 90 days. This contract enhances the company’s portfolio in the infrastructure sector and strengthens its position in the domestic market, potentially leading to increased revenue and operational expansion.

More about Highway Infrastructure Limited

Highway Infrastructure Limited operates in the infrastructure industry, focusing on the development and management of highway projects. The company specializes in the construction and operation of expressways and toll fee plazas, primarily serving the domestic market in India.

Average Trading Volume: 307,907

For detailed information about HILINFRA stock, go to TipRanks’ Stock Analysis page.

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