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Road contractor stocks could gain as highway project awards gather pace: Equirus
Road construction stocks including NCC, KPIL, KEC International and Larsen & Toubro (L&T) could benefit from a revival in highway project awards, says Equirus' Vijay Agarwal, who expects around ₹1.5 lakh crore of road projects to be awarded this year.
NHAI flags off asset monetisation for FY27
The National Highways Authority of India has started its asset monetisation drive for the current financial year. Bids were opened for two national highway stretches in Tamil Nadu. Epic Concesiones 2 Pvt Ltd emerged as the highest bidder for TOT-Bundle 19. NHAI aims to raise significant funds through asset monetisation in the coming years.
From off-highway tyres to on-road — Balkrishna broadens its bets
Balkrishna Industries built its business around exporting specialized off-highway tyres. Now, as tariff wars and geopolitical tensions reshape trade, it is diversifying into new segments and geographies. ‘I don’t think anybody can stay aloof from geopolitical scenarios,’ says joint MD Rajiv Poddar.