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Stock Alert: Highway Infra, Zim Laboratories, R Systems Intl., Cont. Controls, Haz.Multi Proj
12-Oct-26   08:30 Hrs IST

Highway Infrastructure Limited secured a contract on October 8, 2026, from the National Highways Authority of India (NHAI), following a September 30, 2026, letter of award. The agreement, for operations at Velanchettiyur Fee Plaza in Tamil Nadu, spans 90 days with a consideration of Rs 24,45,99,930, and includes toilet block maintenance. No promoter group has an interest in NHAI.


Zim Laboratories Ltd. received reaffirmed ratings from CARE Ratings Limited. Long-term bank facilities of Rs 127.48 crores are now rated CARE BBB with a Negative outlook, previously Stable. Short-term bank facilities of Rs 12.00 crores remain at CARE A3. No other rating agencies were involved, and no changes or assignments were made to these instruments.


R Systems International Ltd. announced that ICRA Limited reaffirmed its [ICRA]AA-(Stable) ratings for the Issuer and Instrument ratings in a letter dated October 08, 2026. The reaffirmed ratings pertain to R Systems International Limited’s instruments and reflect only the communication from ICRA Limited, without enhancements, assignments, or withdrawals.


Continental Controls Limited will raise Rs 1966.80 lakhs via a Rights Issue of 1,96,68,019 shares at Rs 10 each, payable on application. The issue opens October 29, 2026, closes November 5, 2026, with a record date of October 14, 2026, offering a 16:5 share ratio. The company anticipates 2,58,14,275 shares outstanding post-issue.


Hazoor Multi Projects Ltd. shares fell 4.69% to Rs 16.27, down 9.31% over one week, despite receiving two letters of award from the National Highways Authority of India. The contracts, valued at Rs 49,49,40,000 and Rs 28,10,20,800, are for user fee collection in Karnataka, with a one-year execution period. Trading volume increased 152.7% to 5.24 lakh shares.


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