Highway Infrastructure Share Price Target 2025: Can the Sector Rally Continue?
The highway infrastructure sector is in focus as the Indian government accelerates road construction plans. According to the Ministry of Road Transport, the annual target for project awards is now set at ₹10 lakh crore, with a significant chunk dedicated to highways.
However, challenges remain. Over 580 projects worth approximately ₹3.9 lakh crore face execution delays, and 200 more projects (~₹1.6 lakh crore) are still awaiting a start date. Despite these hurdles, the order book pipeline for listed highway developers is robust, creating a bullish medium-term outlook.
Key Highlights
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Government aims for ₹7 lakh crore in highway projects by FY26, boosting sector sentiment.
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Delays in 580 projects worth ₹3.9 lakh crore, but new project pipeline remains strong.
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Technical indicators suggest a potential breakout for leading stocks.
Technical Analysis: IRB Infrastructure as Benchmark
IRB Infrastructure Developers Ltd (NSE: IRBINFRA), one of the largest highway developers in India, is seen as a sector bellwether.
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Current Price: ₹47.6
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52-Week Range: ₹40.96 – ₹69.55
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Support Zone: ₹46 – ₹47
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Resistance Zone: ₹49.4 – ₹50 (50-day moving average)
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RSI: ~42, suggesting neutral-to-oversold conditions
A sustained move above ₹50, supported by higher trading volumes, could trigger an uptrend toward ₹70–₹75 in 2025.
2025 Price Targets – Highway Infrastructure Sector
| Scenario | Target Price (₹) | Key Assumptions |
|---|---|---|
| Bullish | ₹70 – ₹75 | Breakout above ₹50 with strong government project execution |
| Base | ₹55 – ₹60 | Gradual improvement in execution rates |
| Bearish | ₹45 – ₹50 | Prolonged delays and slow order conversion |
Smaller players, such as Highway Infrastructure Ltd, may also benefit from policy tailwinds, with analyst targets ranging from ₹85 to ₹100.
What Investors Should Watch
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Government Announcements: New project awards and policy incentives.
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Quarterly Earnings: Signs of order book growth and margin recovery.
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Technical Breakouts: Sustained trading above key resistance levels.
If execution picks up and stocks like IRB Infra break above critical resistance, the highway infrastructure sector could see a strong rally in 2025. Long-term investors should watch technical levels closely before taking positions.
