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HILINFRA — Highway Infrastructure News Story

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in flag iconLast trade - 00:00
IndustrialsAdventurousMicro CapNeutral

India's Highway Infrastructure rises after contract wins

** Shares of Highway Infrastructure Ltd HIGA.NS rise as much as 5.1% to 58 rupees
** Co gets contracts for total 2.24 bln rupees ($24.7 mln)
** Contracts for operation and collection of user fee at toll plaza in Gujarat and development of road in Indore
** Stock on track to snap 3 days of losses
** More than 181,000 shares traded as of 11:46 a.m. IST, nearly their 30-day moving avg of 269,271 shares
** HIGA last up 1.7%, cutting YTD losses to 5.4%

($1 = 90.7375 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))

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