India's Highway Infrastructure gains on Gorakhpur toll contract
17/09/2026 05:02
BUZZ-India's Highway Infrastructure gains on Gorakhpur toll contract ** Shares of India's Highway Infrastructure HIGA.NS rise 2.7% to 45 rupees
** Toll plazas operator says it received 2.21 billion rupees ($23.01 million) order from Uttar Pradesh Expressways Industrial Development Authority for collection of user fees and operation of toll plazas at Gorakhpur Link Expressway
** Adds order value includes 1.05 billion rupees for first year, with 10% annual escalation for second year
** Co says order includes deployment of four patrol-cum-safety vehicles and personnel
** Stock down 22.9% YTD
($1 = 96.0500 Indian rupees)
(Reporting by Payel Das in Bengaluru)
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