Menu
Menu
RITES Limited saw its stock price surge by 4.3% after being appointed as the Project Management Consultant (PMC) for the Phase II campus development of the Indian Institute of Management Raipur (IIM Raipur). The Rs 148.25 crore project, which is expected to be completed within 23 months, will see RITES oversee the execution, supervision, and monitoring of the expansion. This strategic win highlights RITES' growing presence in large-scale infrastructure projects, further strengthening its role in India's transportation and educational sectors. With its expertise in urban infrastructure and sustainability, RITES is poised for continued growth.
Kernex Microsystems' stock surged to an all-time high after securing a massive Rs 2,041-crore order from Chittaranjan Locomotive Works. The order involves supplying and installing 2,500 KAVACH onboard safety systems for Indian Railways, marking a major milestone for the company. With strong financial growth and a promising future, Kernex is poised for continued success in the railway safety sector.
NBCC's share price saw a 1.66% increase after its subsidiary, HSCC, secured contracts worth Rs 599.35 crore. These projects, including a healthcare facility and Radiation Oncology Units in Maharashtra, are set to boost both HSCC and NBCC's growth prospects in the public sector infrastructure space.
H.G. Infra Engineering has been awarded a key portion of Gujarat's 500 MW/1000 MWh battery energy storage project, enhancing grid stability and supporting renewable energy integration. This win marks a significant step in the company’s expansion into the clean energy sector, contributing to India’s sustainability goals.
NCC Ltd. has been awarded a Rs 3,389.49 crore contract for the construction of the Daudhan Dam, a crucial component of the Ken-Betwa Link Project. This project aims to address water scarcity in the Bundelkhand region by improving irrigation, providing drinking water, and generating hydroelectric power, marking a significant step in India’s water management and infrastructure development.
Rail Vikas Nigam Ltd. (RVNL) has secured a Rs 625 crore EPC contract from South Central Railway for the Parbhani-Parli track doubling project in Maharashtra. This major win, which includes track electrification and signaling, is expected to strengthen RVNL’s order book and drive future growth. Discover how this project enhances RVNL's position in India’s railway infrastructure sector.
Ashoka Buildcon has secured a Rs 1,391 crore road project from NHAI to develop a four-lane corridor in West Bengal. This significant win boosts the company's order book and reinforces its position in India's growing infrastructure sector.
IIFCL is in discussions with the Asian Development Bank and Korean Exim Bank to raise USD 600 million in blended finance. This strategic move aims to lower borrowing costs, diversify its investor base, and provide crucial funding for infrastructure projects across India.
Afcons Infrastructure has secured a ₹1,274 crore contract from Uttarakhand Project Development and Construction Corporation (UPDCC) for the construction of a 130.6-meter-high concrete gravity dam on the Song River in Dehradun. This significant project reinforces Afcons’ strong position in the infrastructure sector and its expertise in executing large-scale, technologically advanced projects.
Ashoka Buildcon has been awarded two significant NHAI road projects worth Rs 2,791 crore in West Bengal. These projects, aimed at developing 4-lane economic corridors under the Hybrid Annuity Mode, are set to improve regional connectivity, drive economic growth, and enhance transportation efficiency in the state.