Highways Infrastructure Trust
HIGW.IN
$
Closing
1D
YTD
Market cap
$
52 week high
$
52 week low
$
Volume
Check if the stock is halal
Unlock Industry-grade Shariah Compliance for global stocks. See results from 5 major Shariah standards: AAOIFI, S&P, DJIM, FTSE and MSCI.
We provide unparalleled value and service.
Screened by AAOIFI Certified Shariah Advisor & Auditor.
Get started from just $3.99/month
Market cap
$
Analysts' Rating
-
Price Target (Mean)
Unable to collect data for some field(s).
Total Analysts
0
P/E
Operating Margin
0.00%
Beta
Revenue Growth (Annual)
0.00%
52 week high
$
52 week low
$
Div. Yield
%
EPS Annual Growth
0.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Highways Infrastructure Trust (the Trust) is an India-based infrastructure investment trust. The Trust is engaged in investment in road infrastructure projects. The Trust has a portfolio of six project special purpose vehicles (SPVs) having an aggregate length of approximately 452 kms (1,710 lane-kms) comprising of operational road projects (two annuity projects and four toll projects) spread across six states in India. Its projects include four-lane road section of SH-18 from Bhopal to Dewas in the state of Madhya Pradesh; four-lane road section of NH-59 from Godhra to Gujarat/MP border in the state of Gujarat; four-lane road section of NH-65 from Jodhpur to Pali, including Pali Bypass in the state of Rajasthan; four-lane road section of NH-7 from Kadtal to Armur in the state of Telangana; two-lane Shillong bypass in the state of Meghalaya, and four-lane road section of NH-45 from Tindivanam to Ulundurpet in the state of Tamil Nadu.
