Here's why Highway Infrastructure share price rose 7% in trade on Jan 27

The company has announced the commencement of toll operations at Kaza Fee Plaza on the Chilakaluripet-Vijayawada section of NH-16 in Andhra Pradesh, effective January 23, 2026

Shares of the infrastructure development and management company Highway Infrastructure were in high demand on the bourses on Tuesday, January 27, after the company announced the commencement of toll operations at Kaza Fee Plaza on the Chilakaluripet–Vijayawada section of NH-16 in Andhra Pradesh, effective January 23, 2026.

 

Following the news, the company's share price climbed as much as 6.95 per cent to hit an intraday high of ₹54.28 per share on Tuesday, January 27.

 

Though the counter has pared the gains partially, it continues to see solid buyer interest. At 12:02 PM, Highway Infrastructure shares were exchanging hands at ₹52.20, higher by 2.86 per cent from its previous close of ₹50.75 per share. The benchmark, NSE Nifty50, meanwhile was trading at 25,111, higher by 63 points or 0.25 per cent.  CATCH STOCK MARKET UPDATES TODAY LIVE

 

Highway Infrastructure announces operational update

The northward movement in the Highway Infrastructure share price came after the infrastructure development and management company announced the commencement of toll operations at Kaza Fee Plaza on the Chilakaluripet–Vijayawada section of NH-16 in Andhra Pradesh, effective January 23, 2026.

 

According to the exchange filing submitted by the company, the project covers 355.0 km to 437.5 km (aggregate length of 82.5 km) on NH-16, a key north–south national highway corridor connecting major economic hubs across southern and eastern India. Kaza Toll Plaza has one of the highest toll collections amongst the public-funded plazas in South India.

 

"This commencement marks the execution of HIL’s first-ever toll operations contract of this scale, with a total contract value of ₹328.77 crore, awarded by the National Highways Authority of India (NHAI). It is also the largest single toll operations mandate executed by the Company to date, representing a significant scale-up in its tolling vertical," the company said in an exchange filing.  ALSO READ | Adani Enterprises shares jump 6% on multiple triggers; group stocks rebound 

As per the Letter of Award, HIL will operate the toll plaza for a one-year period, translating a marquee order win into immediate operational activity and revenue generation.

 

With the addition of recent order wins, including the Kaza Fee Plaza project, HIL’s consolidated order book has strengthened meaningfully, standing at ₹1,209 crore as on date.

 

Speaking on the development, Arun Kumar Jain, managing director, Highway Infrastructure, said: “The commencement of toll operations at Kaza Fee Plaza marks the execution of our first-ever toll operations contract of this scale and represents an important milestone in Highway Infrastructure Limited’s growth journey. This project reflects the confidence placed in our operational capabilities by NHAI and strengthens our presence on a strategically important national highway corridor in Andhra Pradesh. Backed by a rapidly expanding order book and an asset-light execution model, we remain focused on disciplined operations, technology-driven efficiency, and sustainable long-term value creation for our investors.”