Highway Infrastructure Surges 5% on ₹220.66 Crore Gorakhpur Link Expressway Toll Contract
Highway Infrastructure shares rose 5% after the company signed a ₹220.66 crore toll operations and maintenance contract for the Gorakhpur Link Expressway.
Key points
- Highway Infrastructure +5% on ₹220.66Cr Gorakhpur Link Expressway toll O&M contract
- Annuity-style toll revenue provides visibility for small-cap infrastructure operator
- NHAI outsourcing preference driving O&M contract pipeline for specialised operators
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