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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.
Indian IT stocks nearing 2008 crash-era valuations: Wedbush’s Moshe Katri
Moshe Katri, MD-FinTech & Tech-Enabled Services Investment Banking at Wedbush Securities, expects a “tidal wave” of AI investments over the next 12–18 months as projects mature, with Tier-1 IT companies and digital engineering firms emerging as key beneficiaries.
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: Texmaco Rail, RVNL, PNC Infratech, Dr Reddys Labs, MTAR Tech, Cohance Life, Gopal Snacks, Kalpataru Projects in focus on 13 May
Stocks to Watch, 13 May: Stocks like Dr Reddys Laboratories, Tata Power Company, Torrent Power, Nazara Technologies, Sagility, Kalpataru, Neuland Laboratories, Dixon Technologies, Gopal Snacks, Texmaco Rail and Engineering, Cohance Lifesciences, Rail Vikas Nigam, and PNC Infratech will be in focus on May 13.
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.
How Shaily Engineering is riding the semaglutide wave to outshine the market
As patents for weight-loss drug expire — from India to Canada and Brazil — generic drugmakers are rushing to launch alternatives. And in that race, Shaily has emerged as a critical partner