Innovision share price jumps 18% after bagging NHAI toll collection contract in Madhya Pradesh
New Delhi, Sept. 9 -- Innovision share price jumped 18% on Wednesday, 9 September, after the company received a Letter of Award (LoA) from the National Highways Authority of India (NHAI) for user fee collection at Pachwara Fee Plaza on NH-39 in Madhya Pradesh.
The latest order is worth Rs.24.52 crore and covers user fee collection at the fee plaza for the four-laning of the Jhansi-Khajuraho section of NH-39. The contract also includes the upkeep and maintenance of adjacent toilet blocks, along with replenishment of consumable items. The order is to be executed over a period of one year.
In a separate order, Innovision has been appointed as a user fee collection agency for the IDTL A and IDTL B fee plazas for the six-laning of the Indore...
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