Is Highway Infrastructure the Best Stock in Its Sector? A Look at the Numbers
- September 28, 2026
- Posted by: Chaitanya Auti
- Category: Market
Highway Infrastructure CMP Rs 43 (28 Sep 2026). Market cap Rs 307 Cr. ROE 14.05%. P/E 11.95x versus Industry P/E 24.85x.
Quick Answer
Highway Infrastructure is one of the names investors compare when screening the Infrastructure sector, built on a 14.05% return on equity and a P/E of 11.95x against an Industry P/E of 24.85x. Whether Highway Infrastructure is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Infrastructure sector peers, so you can judge that for yourself.
Is Highway Infrastructure the best stock in its sector? The stock trades on the NSE at Rs 43 as of 28 September 2026, within its 52-week range of Rs 40.10 to Rs 86.35. Highway Infrastructure Ltd operates toll plazas for highway authorities, executes EPC infrastructure projects and develops real estate.
Highway Infrastructure sits in the Infrastructure sector, and its 14.05% ROE and 11.95x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Highway Infrastructure
Highway Infrastructure Ltd operates toll plazas for highway authorities, executes EPC infrastructure projects and develops real estate. The stock is trading close to its 52-week low, having roughly halved from its 52-week high. At a market capitalisation of Rs 307 Cr, it is tracked as part of the Infrastructure sector on Univest.
Is Highway Infrastructure the Best Stock in Its Sector?
Highway Infrastructure makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 14.05% ROE with a 11.95x P/E against the sector’s 24.85x Industry P/E. Highway Infrastructure’s 11.95x P/E is well below the 24.85x Industry P/E with a 14.05% ROE, though toll contracts are short and the stock has halved from its 52-week high.
| Metric | Highway Infrastructure |
|---|---|
| CMP (NSE) | Rs 42.66 |
| 52-Week High / Low | Rs 86.35 / Rs 40.10 |
| Market Cap | Rs 307 Cr |
| P/E (TTM) vs Industry P/E | 11.95x vs 24.85x |
| P/B | 1.34 |
| ROE | 14.05% |
| EPS (TTM) | Rs 3.58 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.45 |
Compare Highway Infrastructure Against Other Infrastructure Sector Stocks
How Highway Infrastructure Compares Against Its Infrastructure Sector Peers
The table below sets Highway Infrastructure against 2 other Infrastructure sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Highway Infrastructure | 307 | 11.95 | 14.05% | 0.45 |
| Ceigall India | 6,777 | 21.08 | 14.59% | 0.61 |
| HEC Infra Projects | 125 | 9.92 | 19.17% | 0.68 |
| Peer average (2 companies) | – | 15.50 | 16.88% | 0.65 |
Against this peer set, Highway Infrastructure’s 14.05% ROE is below the 16.88% peer average, and its P/E of 11.95x runs below the peer average of 15.50x. Highway Infrastructure’s 11.95x P/E is well below the 24.85x Industry P/E with a 14.05% ROE, though toll contracts are short and the stock has halved from its 52-week high.
What Makes Highway Infrastructure Worth Watching in Infrastructure
- Well below Industry P/E: An 11.95x P/E against a 24.85x Industry P/E is a discount for a business with a 14.05% ROE.
- Solid ROE: A 14.05% ROE is a healthy figure for a toll operator and contractor.
- Toll collection order flow: Short contracts to run toll plazas mean revenue depends on repeatedly winning renewals.
Highway Infrastructure Valuation: Is It Justified?
Highway Infrastructure’s 11.95x P/E is well below the 24.85x Industry P/E with a 14.05% ROE, though toll contracts are short and the stock has halved from its 52-week high. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Godrej Agrovet the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Highway Infrastructure and other Infrastructure sector stocks.
How to Track Highway Infrastructure Before You Invest
Before deciding whether Highway Infrastructure deserves its label as the best stock in its sector for your own portfolio, compare it directly against Infrastructure sector peers using the steps below.
- Open the Univest Screener and search for Highway Infrastructure to view live price, valuation ratios, and peer comparisons within the Infrastructure sector.
- Compare its P/E, P/B, and ROE against other Infrastructure sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Highway Infrastructure earns a place in the best stock in its sector conversation on the strength of a 14.05% ROE and a P/E of 11.95x against a 24.85x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Highway Infrastructure the best stock in its sector?
Ans. Highway Infrastructure has a 14.05% ROE and trades at 11.95x P/E against a 24.85x Industry P/E, and compares below the peer average ROE of 16.88% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Highway Infrastructure?
Ans. Highway Infrastructure was trading at Rs 42.66 on the NSE as of 28 September 2026, within its 52-week range of Rs 40.10 to Rs 86.35.
What sector does Highway Infrastructure belong to?
Ans. Highway Infrastructure is classified under the Infrastructure sector on Univest.
How does Highway Infrastructure compare to its sector peers on P/E?
Ans. Highway Infrastructure’s P/E of 11.95x is below the 15.50x average of the 2 named peers compared in this article.
What is Highway Infrastructure’s return on equity?
Ans. Highway Infrastructure reported a return on equity of 14.05%, which is below the 16.88% average of its named peers in this comparison.
Should I invest in Highway Infrastructure based on its sector position?
Ans. Highway Infrastructure’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.