Shares of Highway Infrastructure Ltd were trading with nominal gains on 21 January despite the company announcing securing an order for a total consideration of Rs 64.68 crore from NHAI. 

Highway Infrastructure shares are likely to stay in focus after the company secured a Rs 64.68-crore Letter of Award (LoA) from the National Highways Authority of India (NHAI).

In an exchange filing, the company said NHAI has appointed it as the user-fee collection agency at the Mundka Fee Plaza on the strategically important Urban Extension Road-11 (UER-11), which links Delhi and Haryana.

The Rs 64.68-crore contract covers toll operations and user-fee collection at the Mundka Toll Plaza, along with the maintenance of related facilities such as toilet blocks and consumables. The company will execute the project over three months from the commencement date.

Last week, Highway Infrastructure also won a Rs 69.68-crore road development contract (excluding GST) from the Indore Development Authority (IDA), with an execution period of 2.5 years.

Additionally, on January 5, 2026, the company received another LoA worth Rs 32.01 crore from NHAI to manage user-fee operations at the Jawar Fee Plaza on the Mathura–Devinagar Bypass in Uttar Pradesh.

However, at 1:37 pm, the shares of Highway Infrastructure shed all their gains and were trading 2.68% lower at Rs 52.01 on NSE.

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