Page 5 - Construction Firms

Cement cos regain pricing power as demand improves from infra, construction

Cost pressures a concern, though, as crude, currency volatility remain

SBI files 'insolvency petition' against Jaiprakash Associates in NCLT

JAL is involved in cement manufacturing, engineering and construction, expressways, real estate, hospitalities, wind/thermal power plants at various locations all over India.

HCC's shares jump nearly 20% on completing debt resolution plan

Co to hive off part of debt, receivables to a SPV; to hold 49% stake in SPV

Construction management start-up Powerplay raises $7.14 mn in funding

The company will use the funds to expand its business in India and abroad. Powerplay said the value of construction managed on its platform from January to June 2022 is worth Rs 7,500 crore

JMC Projects bags orders worth Rs 1,524 cr in construction, water segments

JMC Projects Limited (JMC) on Thursday said it has secured new orders worth Rs 1,524 crore in construction and water segments. The orders include an engineering, procurement and construction project for integrated airport development in Asia for Rs 1,012 crore, JMC, a subsidiary of Kalpataru Power Transmission Limited, said in a statement. It has also bagged water projects worth Rs 370 crore and B&F (Buildings & Factories) projects of 142 crore in India. "We are delighted with the new order wins, especially the prestigious order for Integrated Airport Development. The new orders in the water and B&F business help us to widen our clientele and further strengthen our order book," JMC CEO and Managing Director SK Tripathi said. JMC Projects (India) Limited (JMC) is one of the leading civil construction and infrastructure EPC companies in India.

Gujarat Polysol Chemicals, PKH Ventures get Sebi's go ahead to float IPOs

Gujarat Polysol Chemicals and construction and hospitality firm PKH Ventures have received capital markets regulator Sebi's go ahead to raise funds through Initial Public Offerings (IPOs).

PSP Projects rallies 11%, nears record high on strong order book position

In the past 11 trading days, the stock price of PSP Projects has zoomed 31 per cent after promoters bought shares from the open market.

Macrotech to invest Rs 3.8k cr in FY23 on realty projects' construction: MD

Asked about deliveries of projects, he said the company delivered 6,000 housing units last fiscal year and the target is 10,000 units for 2022-23

GreenBase Industrial inks 200,000 sq feet industrial deal at Oragadam

The existing land bank of close to 500 acres spread across four locations is dedicated for 15 mn sq. ft of industrial and logistics parks development

Fall in rural wage, labour crunch in urban areas hit construction sector

Corporate players are expecting construction activity to pick up during the current quarter

Construction major HCC defaults on debt worth Rs 2,161 crore

Company has total dues of Rs 9,727 crore, Rs 4,091 crore of them to Indian banks

58% of construction work in DRDO not completed on time between 2014-19: CAG

The national auditor found that 38 scientists of the DRDO were posted in the construction works department without the approval of the Ministry of Defence

L&T's construction arm bags significant orders for various businesses

Larsen & Toubro (L&T) on Monday said its construction arm has bagged significant orders for its various businesses in the country. "The construction arm of L&T has secured orders for its businesses in India," the company said in a statement. The company's metallurgical and material handling (MMH) business has bagged an engineering, procurement and construction order from NMDC Ltd. L&T "has been awarded an engineering, procurement and construction (EPC) order for 12 MTPA (million tonnes per annum) dry circuit systems on a turnkey basis for a screening plant (SP-III) from NMDC Ltd at their Kirandul Complex, Chhattisgarh," the statement said. The scope of work includes tertiary crushing, two-stage screening, stacking, reclaiming and dispatch of iron ore along with the associated civil, structural and other auxiliary facilities. This plant will be one of the largest iron ore handling plants and aims to ensure uninterrupted iron ore supply for different customers of ...

KEC International bags orders worth Rs 1,157 cr across various businesses

Engineering, procurement and construction major KEC International Ltd on Tuesday said it has bagged orders worth Rs 1,157 crore across its various businesses. In the transmission and distribution segment, the RPG Group company bagged orders worth Rs 663 crore for projects in the Middle East, Africa, and the Americas, KEC International said in a filing to the BSE. In the railways segment, it has orders of Rs 220 crore for 2 x 25 kilovolts (kV) overhead electrification and associated works for speed up-gradation in India. In the civil segment, "the business has secured an order of Rs 173 crore for construction of a new airport terminal building and associated works in southern India." In the cables business, it has secured orders of Rs 101 crore for various types of cables in India and overseas. "We are pleased with the new orders secured across our business verticals. The orders in T&D (transmission and distribution), especially in the Middle East region will enable us to further .

True North sells RDC Concrete to construction firm for unknown sum

RDC is the largest independent ready mixed concrete company in the country. True North held a majority equity stake in the company through its initial investment in 2005

Capacit'e Infraprojects announces robust results, Q4 PAT at Rs 24.4 Cr

Capacit'e Infraprojects Limited today announced its audited financial results for the quarter and full year ended 31st March, 2021

That dream house: Real estate has some opportunity waiting to be tapped

If the real estate sector is properly managed, it could drive not just finance but demand for a range of products and services, writes T N Ninan

Construction firm J Kumar Infraprojects bags Rs 1,307.8 cr order from MMRDA

Civil engineering and construction company J Kumar Infraprojects Ltd on Monday said it has bagged an order worth Rs 1,307.88 crore from the Mumbai Metropolitan Region Development Authority

Larsen & Toubro trades higher for third straight day, up 5% in a week

Recovery in key international markets, continuous focus on infrastructure by the government, and rebound in crude oil prices augur well for L&T, according to analysts

Real estate projects to feel the pinch as steel, cement prices rise

Road transport & highways ministry charges a 10x toll rate for major bridges, structures