Innovision share price will remain in focus after the company received a Letter of Award (LoA) from the National Highways Authority of India (NHAI) for user fee collection at Pachwara fee plaza on NH-39 in Madhya Pradesh.
The contract, worth Rs 24.53 crore, also includes upkeep and maintenance of adjacent toilet blocks and recouping consumable items, and is to be executed over one year.
This comes after the company last week secured an Rs 48.25 crore NHAI contract for user fee collection at Mangapatnam Fee Plaza on NH-67 in Andhra Pradesh.
In addition, NHAI awarded the company a Rs 30.36 crore LoA last month for user fee collection at Manambadi fee plaza on NH-36 in Tamil Nadu.
In the previous trading session, the share closed at Rs 251.65, down Rs 4.10, or 1.60 percent.