Shares of Highway Infrastructure gained nearly 5% on Thursday to day’s high of Rs 45.90 on the NSE after the company bagged a contract worth Rs 220.66 crore from the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA).
According to a filing with the exchange on Wednesday, the contract is for collection of user fees and operation of toll plazas along with deployment of 04 number of patrol-cum-safety vehicles with required personnel manning these vehicles for Gorakhpur Link Expressway.