Infra Stock in Focus After Securing Orders Worth Rs432 Crore From NHAI
India, Oct. 29 -- The Indore-based highway services company has landed two government toll collection orders, including the biggest in its history, and cleared several funding and expansion moves at a recent board meeting. Read on to see what the wins mean for its order book, its latest quarterly numbers and its road ahead.
The Nifty 50 traded at 22,863, up 0.72%, while the Sensex up 0.79% to 73,830 on Thursday. Following this the shares of Highway Infrastructure Ltd are trading at Rs. 70.95, down 7.07 percent on Thursday. The stock touched the intraday high of Rs. 78.00 after opening at Rs. 78.00 before slipping to a low of Rs. 70.61. The company commands a market capitalization of Rs. 508.07 crore.
Two New Toll Contracts Come In from...
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