New Delhi, Feb. 17 -- Highway Infrastructure share price snapped its two-day losing run and rallied nearly 11% on Tuesday, February 17, to hit a one-month high following an order win from the National Highways Authority of India (NHAI).

The recently-listed company announced last evening that it received a Letter of Acceptance (LoA) worth Rs.154.59 crore for the operation and collection of user fees at Moti Naroli Fee Plaza in Gujarat, improving revenue visibility.

"We would like to inform you that Highway Infrastructure Limited has received the Letter of Acceptance (LOA) of Rs. 154,59,99,930/- (Rupees One Hundred and Fifty Four Crores Fifty Nine Lakhs Ninety-Nine Thousand Nine Hundred and Thirty Only) for operations at Moti Naroli Fee P...