Highway Infrastructure Shares Surge on Rs 64.68 Crore NHAI Contract Win

• Highway Infrastructure's shares rose 1 percent after securing a Rs 64.68 crore contract from NHAI.
• The contract appoints the company as the user-fee collection agency at Mundka Fee Plaza on the UER-11 corridor, connecting Delhi and Haryana.
• The project includes operation and collection of user fees, along with maintenance of facilities at Mundka Toll Plaza, with a three-month execution period.
• The company also recently secured a Rs 69.68 crore road development project from Indore Development Authority and another NHAI contract for Jawar Fee Plaza in Uttar Pradesh.
• At Rs 53.82, the stock is trading 60.46 percent below its 52-week high and 0.62 percent above its 52-week low.

Why It Matters: Highway Infrastructure's stock gained due to a significant NHAI contract for toll collection and maintenance.