MICROCAP INFRA STOCK IN THE NEWS AFTER SECURING Rs 25 Cr ORDER FROM NHAI

The shares of

have seen a positive movement after the company received a significant Letter of Acceptance from the National Highways Authority of India (NHAI) worth Rs 25.26 crore. This project strengthens the company’s highway portfolio, highlights its growing presence in infrastructure development, and is expected to contribute to steady revenue and operational growth. Moreover, the company has a diversified portfolio, operating toll systems across 11 states and a Union Territory, ensuring steady cash flow. Its EPC infrastructure segment is robust, with 63 projects completed and 20 ongoing, spanning roads, bridges, tanks, and civil structures in cities like Indore, Ratlam, and Khandwa. Recently, the company's IPO of Rs 130 crore was issued at Rs 70 per share and listed on BSE at Rs 115, delivering strong listing gains of 64%.