Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Capacite Infra gets Letter of Intent for ₹589 crore order from Raymond Realty arm
In February this year, Capacite Infra had received another letter of intent from Raymond Realty for a contract value of ₹537 crore for projects in Thane.
Madhav Infra Projects consolidated net profit declines 4.85% in the March 2026 quarter
Sales decline 17.60% to Rs 254.06 crore
Power Mech Projects secures Rs 266-cr O&M contract for Adani thermal power plant in Maharashtra
Power Mech Projects said that it has received a KPI-based Operations & Maintenance contract from Adani Infrastructure Management Services for a 2x300 MW thermal power plant at Butibori, Maharashtra.
Power Mech Projects wins ₹266 crore contract from Adani Infrastructure
The work includes providing KPI based contract for operations and maintenance services at 2x300 MW thermal power plant at Butibori in Maharashtra, Power Mech said in an exchange filing.
Bajel Projects gains on bagging mega order for GIS substation in Mumbai
Bajel Projects rose 1.32% after it has bagged an order from a Datacenter Client (Mumbai) for design, engineering, procurement, supply, erection, commissioning & performance testing of a 400/220/33 KV GIS Substation for a Data Center project.
Jefferies raises Titagarh Rail target price by 23%. Check upside potential and key triggers
Titagarh Rail Systems shares rose after Jefferies increased its target price. The brokerage noted a strong quarter and improving execution. Titagarh is set to benefit from government infrastructure projects. The company expects to deliver more coaches and trains in the coming years. Margins improved significantly in the March quarter. Wagon sales saw a decline but are expected to stabilize.
The case against listing Tata Sons, from one of Noel Tata’s closest advisers
As pressure mounts for Tata Sons to go public, group veteran Farokh Subedar warns that it could fundamentally alter the freedom to invest in long-gestation projects.
Adani Properties tops bids for MHADA’s Worli, Bandra cluster redevelopment
Adani Properties has emerged as the highest bidder for two major Mumbai cluster redevelopment projects, Adarsh Nagar in Worli and Bandra Reclamation. A consortium led by JSW Group's Hanura Realty secured the bid for the S.V. Nagar project in Andheri West. These projects, covering over 206 acres, await final government approval.
DevX enters Bengaluru with 1.11 lakh sq ft office leases in premium Prestige projects
Dev Accelerator's expansion into Bengaluru is set to create over 1,200 seats, boosting the company's revenue by ₹2.2 crore monthly.
ED arrests 4 promoters in Rs 2,004-crore homebuyer fraud case involving over 19,000 buyers
The Enforcement Directorate has arrested four promoters of Earth Infrastructures Ltd. This action is part of a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud. Over 19,000 buyers and investors were affected. The accused were taken into custody for interrogation. The agency alleges funds were siphoned off, leaving projects incomplete and causing losses to buyers.
Signature Global commits Rs 1,200-1,500 crore for land acquisitions in FY27
Signature Global will spend Rs 1,200-1,500 crore on land acquisitions this fiscal year. This is double its previous spending. The real estate market slowdown has made land prices more attractive. The company aims to acquire large land parcels for integrated township projects. It is also looking for land in Delhi. Signature Global expects pre-sales of Rs 10,000 crore in FY27.
Vadodara eyes India’s first public blue municipal bond issue, plans ₹200 crore fundraising
Gujarat’s Vadodara Municipal Corporation aims to raise up to ₹200 crore through a public blue bond issue for water-management projects, potentially becoming the first issuer to bring the sustainable-finance instrument to the Indian market.