Market News
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L&T shares crash over 7% as US–Israel strike on Iran raises Mideast exposure risks. Company responds
L&T share price crash, Larsen and Toubro stock news, Middle East war impact India stocks, Iran Israel conflict markets, infrastructure stocks India, L&T Middle East exposure, BSE top losers today, geopolitics stock market India, JM Financial L&T outlook, Indian infra stocks news.
Nifty tests support zone amid corrective market phase; cautious week seen ahead
Nifty closed lower after sustained selling, staying above long-term averages but showing short-term weakness below key resistance. Technical indicators suggest consolidation with corrective bias. Energy, infra and financials show relative strength, while IT, auto and midcaps lag in near term.
Watch | Sanjay Parekh on where he sees value in banks, IT, cement and telecom stocks
Sohum Asset Managers’ Founder & CIO, Sanjay Parekh, says markets look sluggish despite improving macro conditions, with Q3 Nifty earnings near 8–9%. He sees recovery in CVs (Ashok Leyland), credit growth at ICICI Bank and gradual picka a up in cement and steel. Portfolio stays domestic-focused: overweight telecom, NBFCs, industrials, cement, utilities, ports and logistics; underweight oil & gas and banks, zero FMCG. Watching IT names like Infosys and TCS, mid-cap tech (Persistent, Coforge, Mastek), defence HAL, quick commerce Zomato and Swiggy, and capital goods L&T, JSW Energy.
H.G. Infra Engineering bags LOA from NHAI for Odisha road project
H.G. Infra Engineering (HGINFRA) has received a Letter of Award from the National Highways Authority of India for a major highway project in Odisha.
HG Infra Engineering secures ₹1,582 crore NHAI contract for Odisha Capital Region Ring Road
Shares of HG Infra Engineering Ltd ended at ₹550.60, down by ₹6.85, or 1.23%, on the BSE.
HG Infra Engg lowest bidder for ₹1,582-cr NHAI ring road project in Odisha
The project involves a stretch of 40.33 km in Odisha and has to be completed in 910 days. Shares of HG Infra Engineering Ltd ended at ₹569.90, down by ₹10.95, or 1.89%, on the BSE today, February 24.
Afcons Infra faces termination of €113-mn Gabon road contract, says over 93% work done
The EPC contract was for the design, construction, rehabilitation, and upgrading of National Road NR1, approximately 117 km, with a contract value of €113.03 million. Afcons said around 93.47% as of December 31, 2025, have been completed and opened to traffic nearly two years ago. Shares of Afcons Infrastructure Limited ended at ₹307.60, down by ₹5.15, or 1.65%, on the BSE today, February 24.
RPP Infra spurts on baggng Rs 206-cr contract from Sports Development Authority of Tamil Nadu
RPP Infra Projects surged 6.30% to Rs 83 after it has secured a domestic contract worth Rs 205.89 crore from the Sports Development Authority of Tamil Nadu for the establishment of the Global Sports City in Chennai.
Small-cap infra stock under ₹100 falls over 3% despite relief rally in Indian stock market
Globe Civil Projects share price has gained 10% in one month and has fallen 14% in three months. The smallcap stock has declined 34% over the past six months.
GHV Infra Projects bags ₹123 crore rooftop solar EPC order; shares rise 5%
GHV Infra Projects Limited secured a ₹123 crore order from Enmas EPC Power Projects Limited for 28.83 MWp rooftop solar plants for 14,416 SC and ST consumers, to be completed in 120 days.
NHAI debars NCC, subsidiary OB Infra from tenders for 2 years from February 17
OBIL had executed the project under a concession agreement dated April 27, 2006. The company stated that execution of the project was set back due to the delay in handing over of land and other breaches by NHAI. Shares of NCC Ltd ended at ₹149.45, down by ₹2.70, or 1.77%, on the BSE today, February 18.
GR Infra bags ₹1,897 crore West Central Railway EPC contract in Madhya Pradesh
GR Infraprojects has secured a ₹1,897 crore railway EPC contract from West Central Railway in Madhya Pradesh, with a 900-day completion timeline.