Construction Firms

Propel unveils India's largest next-gen e-tippers range, mobility solutions

Propel Industries expanded its electric mining and construction lineup with four new e-tippers, a next-generation connectivity platform and comprehensive EV service programme for heavy-duty operations

Why did Dilip Buildcon share price rally 6% in trade on October 30; details

Around 10:15 AM, Dilip Buildcon share price was trading 2.98 per cent higher at ₹497.20 per share. In comparison, BSE Sensex was trading 0.54 per cent lower at 84,535.44 levels.

Why did Garuda Construction share price zoom 9% in trade today? Find here

Garuda Construction share price zoomed after the company announced that it has secured a construction order worth ₹231 crore.

Interarch Building announces ₹100 cr investment to set up Andhra unit

Interarch Building Solutions on Sunday said it will invest around Rs 100 crore to set up a new plant in Andhra Pradesh for pre-engineered steel structures. The facility will be built over an area of 20 acres to set up 25,000 metric tonnes of capacity in its first phase. The plant to be set at an initial investment of Rs 100 crore is expected to begin production by the end of Q2 FY27 and generate more than 2,00 direct and indirect jobs in the region, the company said in a statement. Interarch CEO Manish Garg said, "The facility will enable faster construction of multi-storey steel buildings that are efficient, sustainable, and resilient against extreme climatic conditions. This expansion further consolidates Interarch's leadership in the high-rise steel building segment, as we aspire to continue investing in capacity, driving innovation, and shaping the future of steel construction in India." Interarch is one of the turnkey pre-engineered steel construction solution providers in Ind

Monolithisch eyes 30% share of premixed ramming mass market in 2 years

Monolithisch India Ltd, manufacturer of premixed ramming mass, is aiming for up to 30 per cent share of the market in the next couple of years, according to its Managing Director Harsh Tekriwal. The premixed ramming mass is expected to grow to nearly 5 lakh tonnes a month, Tekriwal said. The company, which went public in June this year, is embarking on a capacity expansion drive targetting around 5.74 lakh tonnes per annum (TPA) of ramming mass in the next one year, Tekriwal told PTI. Premixed ramming mass is used for lining induction furnaces mostly used in secondary steel sector and alloy melting applications, acting as insulation material between the furnace and the molten metal, which is being melted. "The growth opportunity looks very optimistic because the secondary steel sector in India is booming at a very good pace. The reason being that they are economical, their product quality is quite good and gradually they are scaling up to very big levels," he said when asked about

Shivalaya Construction files ₹450 cr for IPO with Sebi via fresh issue, OFS

Shivalaya Construction has filed preliminary papers with markets regulator Sebi for raising funds through an initial public offering to pare its debt. The proposed IPO is a combination of a fresh issue of shares worth Rs 450 crore and an offer-for-sale (OFS) of 2.48 crore shares by promoters, according to the draft red herring prospectus (DRHP). Of the fresh issuance, funds to the tune of Rs 340 crore will be used to pay debt, and the remaining funds will be utilised for general corporate purposes. The company, in its draft papers filed on Friday, stated it had total borrowings of Rs 3,048 crore as of March 2025. The Delhi-based company may consider a pre-IPO placement aggregating up to Rs 90 crore. If this is undertaken, the fresh issue size will be reduced accordingly. Incorporated in 2007, Shivalaya Construction is an integrated infrastructure engineering, procurement and construction player with a focus on roads, highways and bridges. It executed 41 projects as of July 31, 202

ArisInfra Solutions bags Rs 350 crore contract from Transcon Group

The said contract is expected to be completed around a period of 45-50 months

This smallcap stock jumps 8% on ₹78-cr construction deal in Jaipur; details

Vishnu Prakash R Punglia share price rose after the company secured a construction order worth ₹77.915 crore from Jaipur Development Authority (JDA). The company received the order on July 12, 2025.

Puravankara Q1 sales bookings rise 6% to ₹1,124 crore due to higher prices

Realty firm Puravankara Ltd's sales bookings rose per cent to Rs 1,124 crore in the first quarter of this fiscal year on higher price realisation. In a regulatory filing on Friday, the company said it achieved sales value of Rs 1,124 crore for April-June quarter as against Rs 1,064 crore in the year-ago period. Sales volume dipped to 1.25 million sq ft from 1.29 million sq ft. However, the average price realisation increased to Rs 8,988 per sq ft from Rs 8,246 per sq ft. Puravankara has completed more than 90 projects measuring around 53 million sq ft across nine cities -- Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. The company has a land bank of 25 million sq ft and ongoing projects add up to 37 million sq ft.

Tata Projects eyes order book of over Rs 60,000 cr from infra biz by 2030

The business' order book as of March 31, 2025, stood at around ₹30,000 crore, featuring projects across segments like transport infrastructure, residential, commercial, and industrial real estate

Ahluwalia Contracts share surges 5% on securing deals worth over ₹1,100 cr

Ahluwalia Contracts (India) shares rose in trade after the company bagged two major construction orders worth over ₹1,100 crore.

Hindustan Construction MD Jaspreet Bhullar resigns with immediate effect

Hindustan Construction Company on Monday announced its managing director and chief executive Jaspreet Bhullar has quit with immediate effect. The company, however, did not disclose the reasons for the resignation. Bhullar sent his resignation letter to company chairman Ajit Gulabchand in the afternoon, and the same was accepted by the board later in the day, as per an exchange filing. "The Board ...has accepted his request for relieving him with effect from close of business hours of June 23, 2025," the filing said. Bhullar was appointed as the chief executive of the company in 2023 and given a five year term. He had joined the company from the Brookfield-run Multiplex Constructions India. The HCC scrip closed 1.02 per cent down at Rs 30.08 a piece on the BSE on Monday, as against a 0.62 per cent fall in the benchmark index.

Increased fresh order inflows key to the growth of construction companies

Some of the key award recipients in May included DR Agrawal Infracon (₹4,100 crore), Larsen&Toubro (₹ 3,800 crore), NCC (₹2,500 crore) among others

Egypt's new capital city to be built, operated by Chinese construction firm

Egypt is constructing a new administrative capital, located approximately 45 kilometres east of Cairo, to alleviate the congestion and pollution of the current capital

Rising costs, competition to dent margins for construction firms in FY26

Crisil says emerging construction companies will see slower growth and flat profits in FY26 despite strong order books due to cost pressures and intensified competition

Emerging diversified construction firms set for stable FY26 growth: Crisil

Emerging diversified construction firms are expected to witness stable growth in 2025-26, with revenues projected to rise by 9-11 per cent, Crisil Ratings said on Tuesday. Healthy order books, driven by the timely execution of projects, supporting their credentials, have resulted in the continued scale-up of operations, it said. "Emerging diversified construction companies will continue to see steady growth this fiscal, with revenues growing 9-11 per cent compared with a 15 per cent compounded annual growth rate in the five fiscals through 2025," it said in a statement. However, limited ability to pass on the impact of sharp commodity price fluctuations and stronger competition will limit the operating margins to 10-11 per cent. While the working capital requirements of emerging construction companies will be higher on-year, it will be funded mainly by better cash flows and risk management practices, thus limiting fund-based working capital bank borrowings. Timely execution of a ..

Ceigall India board approves C&C Construction merger to boost infra play

Ceigall India on Monday said its board has approved the merger of wholly-owned subsidiary Ceigall Infra Projects with publicly listed C&C Construction to enhance business efficiency. Ceigall India, an infrastructure construction firm, in a statement said post the merger, Ceigall India will hold up to 95 per cent of the merged entity, with plans to reduce its stake to 75 per cent in line with Sebi regulations. The proposed merger, subject to approval by the National Company Law Tribunal (NCLT), aims to revive C&C Construction, which was earlier under liquidation. The merger also aims to integrate C&C Construction's capabilities in transmission, distribution, railways, bridges, and building construction into Ceigall's broader infrastructure portfolio, it added. The merger will result in administrative and operational rationalization, enhance business efficiency, flexibility, and agility, positioning the transferee company for sustainable growth," Ceigall India said in a BSE

Construction industry expected to grow by 8-10% in FY26, says Icra

The model code of conduct in Q1FY25, an elongated monsoon period, and a shift to milestone-based billing in Q2FY25 significantly impacted construction activities, especially for road projects

Godrej Properties eyes Rs 1,350 cr revenue from Mumbai housing project

The development will offer approximately 4.4 lakh square feet of saleable area, focusing on premium residential units, with an estimated revenue potential of Rs 1,350 crore

Swastika Infra files papers with Sebi to raise Rs 200 cr through IPO

Swastika Infra, an EPC solutions provider in power distribution, infrastructure projects, has filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an Initial Public Offering (IPO). The Jaipur-based company's IPO is a combination of a fresh issue of shares worth Rs 200 crore and an Offer For Sale (OFS) of 19.2 lakh shares by promoters and other shareholders, according to the Draft Red Herring Prospectus (DRHP). The company is looking to mop up Rs 40 crore in the pre-IPO round, and if such placement is completed, the fresh issue size will be reduced. Proceeds from the fresh issue to the tune of Rs 145 crore have been earmarked for funding, incremental working capital requirement; besides, a portion will be used for general corporate purposes, the draft papers filed on March 30 showed. Swastika Infra is an engineering, procurement and construction (EPC) company, specialising in the execution of power distribution infrastructure projects. T