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HG Infra bags ₹401 crore railway infrastructure for Anuppur thermal power project
H.G. Infra Engineering Ltd. received a ₹401.33 crore order for a railway project in Madhya Pradesh. Despite a 12.8% rise in Q3FY25 net profit, shares closed 2.41% lower at ₹492, declining over 52% in the last year.
Raajmarg Infra InvIT IPO to open March 11; anchor portion domestically
State-owned National Highways Authority of India-sponsored Raajmarg Infra Investment Trust (RIIT) on Monday said the anchor portion of its upcoming IPO will be allocated to only domestic investors. The anchor book will open for subscription on March 10. "We are in advanced discussions with anchor investors regarding the investment. The anchor portion will be allocated to domestic investors," NHAI Chairman Sathosh Kumar Yadav told reporters here ahead of its Rs 6,000-crore initial public offering. Of the issue size, over Rs 1,700 crore will be allocated to anchor investors. Raajmarg Infra Investment Trust's maiden public offering will open on March 11 and close on March 13. This will be the first time, NHAI is opening its asset monetisation programme to retail investors. The InvIT's IPO price has been fixed between Rs 99 and Rs 100 per unit. The initiative marks an important step in broadening public participation in the National Highway infrastructure growth story. The public I
Value emerging in markets; Nifty may rebound 1,000 points from lows: Nuvama AMC
Value is starting to emerge in the equity market after the recent correction, said Nikhil Ranka, CIO – Equity Alternatives at Nuvama Asset Management. Midcaps had already fallen sharply and usually face extra pressure in March due to year-end funding closures. Ranka said leverage in the system is now low, which means even modest buying from lower levels could move markets sharply, allowing the Nifty to potentially gain the first 1,000 points quickly.
Markets in ‘fear phase’, deploy money in autos, banks, capital goods: AlfAccurate’s Rajesh Kothari
The sharp correction in Indian equities triggered by fears of a prolonged war in West Asia should be viewed as a buying opportunity, according to Rajesh Kothari, Managing Director at AlfAccurate Advisors.Benchmark indices declined nearly 3% this week — their steepest weekly fall in over a year — as rising crude oil prices and geopolitical tensions rattled investor sentiment. Financial stocks led the decline, with the Nifty Bank logging its biggest weekly drop in 14 months.However, Kothari believes the selloff reflects sentiment rather than a deterioration in underlying economic fundamentals.“We are currently in a fearful phase of the market. When others are fearful, that’s usually the time to be greedy,” Kothari told CNBC-TV18, advising investors to deploy money gradually over the next 30–60 days rather than attempting to time the market.He emphasised that the outcome of the West Asia conflict is less important for markets than its duration. While companies with exposure to the Middle East could face short-term uncertainty, the broader domestic growth story remains intact.Against this backdrop, Kothari highlighted four sectors that investors should focus on.Autos remain a key bet, supported by strong demand trends and low inventory levels across the industry. February sales data was robust, and leading automakers have reported healthy growth, signalling sustained momentum.Banking and financials are another preferred sector. Credit growth has improved to around 13% from about 8.5% earlier, while asset quality remains strong. According to Kothari, the sector could become a “strong buy on declines” if crude-driven inflation concerns ease.He also sees opportunities in capital goods, particularly companies reporting strong order inflows as India’s investment cycle picks up.Lastly, hospitals stand out as a defensive play. The sector remains largely insulated from geopolitical risks and technological disruptions such as artificial intelligence.“These are strong India stori
IRB Infra, NCC shares could rally up to 70% on back of promoter buying: CLSA
Brokerage firm CLSA said that founders of two underperforming infrastructure and engineering companies, IRB and NCC, have recently bought small stakes, but the move sends a strong signal about their confidence in the underlying business.
ICICI Direct sees buying opportunity in these stocks for up to 60% upside
From a positioning standpoint, ICICI Direct advises staying with domestic oriented sectors like Banks, Infra / Cap Goods, Cement, Autos and Auto Ancillaries with lesser export share, Real Estate and Consumer Discretionary. Here are its top stock recommendations in these times.
Krishival Foods Ltd Partly Paidup leads losers in 'B' group
Archidply Decor Ltd, DCM Shriram Fine Chemicals Ltd, Valiant Laboratories Ltd and Kridhan Infra Ltd are among the other losers in the BSE's 'B' group today, 04 March 2026.
JSW Infra shares decline 3% after storage tank hit by debris at Fujairah Liquid Terminal in UAE
Local authorities as well as onsite safety teams acted swiftly and the situation was fully contained, according to JSW Infra, adding that no injuries were reported.
War reaches India Inc as fire reported at JSW Infra oil storage terminal in Fujairah
A fire broke out at JSW Infrastructure’s Fujairah oil storage terminal after an Iranian drone was intercepted, marking the first direct impact of the US-Israel-Iran conflict on an Indian company.
NHAI-backed Raajmarg Infra Investment Trust's IPO to open on Mar 11
State-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) is gearing up to launch its Rs 6,000 crore Initial Public Offering (IPO). The InvIT's maiden public offering will open on March 11 and conclude on March 13, while the bidding for anchor investors will take place on March 10, according to a public announcement on Monday. The initiative marks an important step in broadening public participation in the National Highway infrastructure growth story. The public InvIT aims to unlock the monetisation potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and domestic investors. As per the Red Herring Prospectus (RHP), Raajmarg Infra Investment Trust's IPO issue size aggregates up to Rs 6,000 crore. This was an increase from Rs 5,700 crore planned at the time of filing draft papers in January. Earlier, NHAI had incorporated Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) as the investment mana
SPML Infra allots 3.25 lakh equity shares to promoter group entity
On exercise of rights attached to 3.25 lakh warrants
Kridhan Infra Ltd leads losers in 'B' group
Finkurve Financial Services Ltd, Race Eco Chain Ltd, Vaswani Industries Ltd and InfoBeans Technologies Ltd are among the other losers in the BSE's 'B' group today, 02 March 2026.