Construction Sector

Weak execution, order momentum for infrastructure firms in Q2FY27

Monsoon disruptions, higher input costs and geopolitical tensions weigh on infrastructure firms' Q2FY27 performance, though strong order books provide revenue visibility

GST Council may consider ITC rationalisation for real estate, construction

Proposals include ITC on pipelines and telecom towers, contracted prices between government-owned firms, and wider credit for hospitality, tourism and wellness services

Confident of managing Chinese competition: Tata Hitachi MD Sandeep Singh

Tata Hitachi MD Sandeep Singh said the company will rely on its dealer network, customer relationships, machine quality and resale value to compete with Chinese equipment makers

Rising steel, bitumen costs may taper construction equipment growth in FY27

Rising prices of steel and bitumen, geopolitical uncertainty, and continuing challenges in execution of infrastructure projects could moderate India's construction equipment industry growth in the current financial year, Shalabh Chaturvedi, Vice President of the Indian Construction Equipment Manufacturers' Association and Managing Director, India and SAARC, CASE Construction Equipment, has said. The industry had entered FY27 with expectations of stronger growth, but subsequent developments have necessitated a more measured outlook, Chaturvedi told PTI in an interview. "At the beginning of the financial year, the expectation was for double-digit growth. Considering the developments since then, we are looking at a more moderate, single-digit kind of growth. It is still growth, nonetheless," he said. Chaturvedi said escalation in input costs had emerged as an important challenge as the financial year progressed. Developments in West Asia had disrupted supply chains and contributed to .

Govt set to approve $1.2 billion incentive plan to make building equipment

The new scheme has been designed after assessing the incentives required to make local production viable against ‌the country's existing import dependence

Kalpataru Projects eyes ₹30K cr orders in FY27 amid expansion push

The EPC company plans to expand into solar and nuclear sectors while targeting higher revenue growth and margin improvement in FY27

Rich Insights from a construction stalwart

In this session, Nitin Lalwani, COO, Aswani Industries, spoke about manufacturing & leadership and provided career guidance.

India's projects economy is going digital, and that changes everything

As India enters a massive infrastructure build-out phase, digital tools, startups and data-driven systems are transforming project execution, improving efficiency and reshaping the construction ecosys

No near-term triggers for building materials as Q2 growth stays muted

Building materials companies logged mid single-digit Q2FY26 growth amid monsoon disruption, weak retail demand. Brokerages remain split on an H2 rebound as pricing, PVC and competition stay in focus

Consolidated Construction hits 20% upper limit on multiple orders; details

Around 1:10 PM, Consolidated Construction shares continued to trade at 20 per cent upper circuit at ₹22.24 per share. In comparison, BSE Sensex was trading 0.42 per cent higher at 81,892.84 levels.

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

Ahluwalia Contracts falls 3% after Q1; buy, sell or hold? Analysts suggest

Ahluwalia Contracts' share price was trading 2.7 per cent lower at ₹927 per share on the NSE after the company reported lower-than-estimated numbers in Q1FY26

This construction engineering share tanks 5% on weak Q1 results; details

Around 10:50 AM, Ircon International share price was trading 3.03 per cent lower at ₹166.60 per share. In comparison, BSE Sensex was trading 0.60 per cent lower at 80,058.76 levels.

GPT Infraprojects rallies 9% as Q1 profit zooms 40% YoY; declares dividend

GPT Infraprojects shares zoomed after the company reported a string set of results in the June quarter of financial year 2026 (Q1FY26).

This smallcap civil construction share is up 4% on bagging ₹910-cr deal

B L Kashyap share price rose on the back of a deal worth ₹910 crore, excluding GST, from BPTP Limited.

Globe Civil Projects zooms 5% on securing this deal from NBCC; details here

Globe Civil Projects shares jumped initially after the company announced the receipt of an order from NBCC (India) Ltd. valued at ₹172.99 crore.

Garuda Construction shares fly 20%, hit record on stellar Q1 nos; details

Garuda Construction shares rose after the company posted stellar results in the June quarter of financial year 2026 (Q1FY26).

Multiple order wins lift Afcons Infrastructure shares by 6%; details here

The uptick in the shares of Shapoorji Pallonji Group's flagship company, Afcons Infrastructure, came after the company secured two road construction orders worth ₹4,535.44 crore in Croatia.

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

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