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Road ministry raises construction timelines for NH projects to up to six years
These normative construction periods will be applicable for all national highway projects to be bid out either on engineering, procurement, construction (EPC) mode, hybrid annuity model (HAM) or build-operate-transfer (BOT) mode on or after May 6, 2026, the ministry of road transport and highways said in a circular issued on Monday.
Larsen & Toubro gains 3%; stock up 13% from March low
The stock price of engineering and construction (E&C) major was trading higher for the third straight day, gaining 6 per cent during the period.
Shakti Pumps, NCC & KEC International soar up to 16% as govt clears Rs 8.7 lakh crore Jal Jeevan Mission extension
Shares of Shakti Pumps, NCC, and KEC International rallied as much as 16% after the Union Cabinet approved the Jal Jeevan Mission's extension until 2028. The program has a Rs 8.69 lakh crore outlay. This decision is expected to benefit several engineering, procurement, and construction companies. Pump manufacturers and pipe makers will also see support. A new digital framework, Sujalam Bharat, will be introduced.
Dilip Buildcon shares gain 6% after it wins ₹668 crore Gujarat flood control project
The project involves construction of the flood protection embankment on river Narmada in Bharuch district on an engineering, procurement and construction (EPC) basis.
Stocks to Watch Today: JK Lakshmi Cement, Gravita India, Balaji Amines, Shaily Engineering, Kalpataru, Action Construction Equipment in focus on 13 March
Stocks to Watch, 13 March: Stocks like Shaily Engineering Plastics, JK Lakshmi Cement, Max Financial Services, Manorama Industries, Nectar Lifesciences, Balaji Amines, and KPI Green Energy will be in focus on March 13.