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IRB Infra Trust offers to sell two BOT highway assets worth Rs 4,663 crore to IRB InvIT Fund
IRB Infrastructure Trust has offered two of its revenue-generating highway assets, valued at approximately Rs 4,663 crore, to IRB InvIT Fund. The non-binding offer includes the Solapur Yedeshi NH211 and Chittorgarh Gulabpura NH79 BOT Assets, totaling 1,144 Lane km. This move aims to fund future opportunities and enhance IRB InvIT Fund's asset portfolio.
Man Infra Q4 profit falls 34% and revenue halves as construction, real estate business weakens
Man Infraconstruction Ltd Q4 profit falls 34.4%, revenue halves, EBITDA margin shrinks, company still declares interim dividend for FY27. Shares of Man Infraconstruction Ltd ended lower on Wednesday, May 13, by 2.49% at ₹127.00 on the NSE.
Infra stock jumps after securing ₹375 Cr order for Dual Battery Energy Storage By Trade Brains - Investing.com India
Infra stock jumps after securing ₹375 Cr order for Dual Battery Energy Storage By Trade BrainsInvesting.com India
Indian banks poised for double-digit corporate credit growth on infra, energy, data centre push
Indian banks foresee robust corporate loan growth this fiscal year. Demand is surging from key sectors including renewable energy, infrastructure, and manufacturing. Major lenders like SBI and Bank of Baroda report strong loan pipelines. This expansion signals a positive outlook for business lending across the country. However, banks face liquidity challenges in sustaining this growth.
Indian Banks poised for double-digit corporate credit growth on infra, energy, data centre push
Indian banks foresee robust corporate loan growth this fiscal year. Demand is surging from key sectors including renewable energy, infrastructure, and manufacturing. Major lenders like SBI and Bank of Baroda report strong loan pipelines. This expansion signals a positive outlook for business lending across the country. However, banks face liquidity challenges in sustaining this growth.
Magnus Steel and Infra listed among approved suppliers for Tata Motors projects
Magnus Steel and Infra has secured a significant role as an approved steel supplier for Tata Motors' upcoming manufacturing facilities in Gujarat and Maharashtra. The company has already begun supplying materials through RIECO Industries Ltd. Future orders are anticipated, with an estimated engagement size of Rs 32.50 crore.
H.G. Infra rises after bagging Rs 3,931-cr order from Welspun Enterprises
H.G. Infra Engineering (HGIEL) rose 1.64% to Rs 629.70 after the company said that it has secured order worth Rs 3,931.11 crore from Welspun Enterprises.
G R Infra slides as Q4 PAT tanks 49% YoY to Rs 207 cr
G R Infraprojects lost 6.38% to Rs 929.90 after the company's consolidated net profit dropped 48.75% to Rs 206.97 crore in Q4 FY26 as against Rs 403.90 crore in Q4 FY25.
Two infra stocks that may react on Tuesday after order wins worth over ₹11,000 crore
Shares of infrastructure companies Afcons Infrastructure and HG Infra Engineering will be in focus today, after both firms announced large project wins worth over ₹11,000 crore combined across international railway and domestic highway segments.
Stocks To Watch Today: BPCL Dr Reddy's Labs, Afcons Infra, Canara Bank And HG Infra Engineering
Here's a look at stocks that are likely to be in focus during the trading session on Tuesday.
H.G. Infra Engineering secures road project of Rs 3931 cr from Welspun Enterprises
The company bid project cost is Rs 3931.11 crore and the project construction period is 36 months.
HG Infra wins ₹3,931-cr highway project from Welspun Enterprises in Maharashtra
The project involves the construction of a 6-lane (including partially elevated) highway corridor along with the improvement of the existing road, covering the Pune to Shirur section of NH-753F with a minimum design length of 53.40 km. Shares of HG Infra Engineering Ltd ended at ₹634.20, up by ₹8.60, or 1.37%, on the BSE today, May 11.