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Ashish Kumar

21st Jan · SEBI-Registered Analyst

Highway Infrastructure Shares Rise on Rs 64.68 Crore NHAI Contract Win for Mundka Toll Plaza

HILINFRA
ucture Ltd. (HIL) shares gained momentum in early trade on January 21, 2026, following the announcement of a significant Letter of Award (LoA) from the National Highways Authority of India (NHAI). The company received the LoA valued at Rs 64.68 crore (precisely Rs 64,68,99,930) on January 19, 2026, appointing it as the user-fee collection agency for the Mundka Fee Plaza located at Km 22+750 on the Urban Extension Road-11 (UER-11) corridor, spanning NH-344M and NH-344N in Delhi and Haryana. Under the contract, Highway Infrastructure will handle toll collection operations, manage the fee plaza, and maintain adjacent facilities such as toilet blocks, ensuring supplies and cleanliness are upheld. The project underscores the company's expertise in tollway operations and infrastructure management. In opening trade at around 09:17 AM IST, the stock quoted at Rs 53.82 on the BSE, up Rs 0.49 or 0.92% from the previous close. Shares remained in focus amid positive sentiment on the order win, which adds to the company's growing portfolio of NHAI contracts in toll collection and related services.

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