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Buy G R Infraprojects Ltd For Target Rs. 1,703 - Yes Securities GR Infraprojects (GRInfra) has grown its orderbook sharply in the last few quarters. Orderbook was below 2x in the last few years leading to sub-optimal growth. With robust order inflow worth INR 150bn in FY23 and INR 18bn in Q1FY24, orderbook stands healthy at INR 268bn as of Jun’23. The new order inflow caters to diverse segments like roads, ropeways, tunnelling works, logistics park, etc. Given the strong order inflow and book-to-bill ratio of 3.4x, we believe execution may pick up a...
Buy G R Infraprojects Ltd For Target Rs. 1,703 - Yes Securities
Buy G R Infraprojects Ltd For Target Rs. 1,703 - Yes Securities
Source: ICICI Securities Ltd
9/09/2023 11:45:00 AM
Artefact Projects zooms on bagging projects from NHAI Artefact Projects is currently trading at Rs. 52.49, up by 2.49 points or 4.98% from its previous closing of Rs. 50.00 on the BSE. The scrip opened at Rs. 52.50 and has touched a high and low of Rs. 52.50 and Rs. 51.50 respectively. So far 62122 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 71.90 on 09-Sep-2022 and a 52 week low of Rs. 30.16 on 28-Mar-2023. Last one week high and low of the scrip stood at Rs...
Artefact Projects zooms on bagging projects from NHAI
Artefact Projects zooms on bagging projects from NHAI
Source: Accord Fintech
7/09/2023 2:35:36 PM
RITES gains on signing MoU with iHUB DivyaSampark, IIT-Roorkee RITES is currently trading at Rs. 509.70, up by 5.65 points or 1.12% from its previous closing of Rs. 504.05 on the BSE. The scrip opened at Rs. 505.00 and has touched a high and low of Rs. 516.20 and Rs. 504.60 respectively. So far 12069 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 540.70 on 05-Sep-2023 and a 52 week low of Rs. 281.85 on 19-Sep-2022. Last one week high and low of the scrip stood at Rs. 540....
RITES gains on signing MoU with iHUB DivyaSampark, IIT-Roorkee
RITES gains on signing MoU with iHUB DivyaSampark, IIT-Roorkee
Source: Accord Fintech
7/09/2023 11:17:17 AM
Nila Infrastructures trades jubilantly on securing work order worth Rs 101.64 crore Nila Infrastructures is currently trading at Rs. 6.65, up by 1.06 points or 18.96% from its previous closing of Rs. 5.59 on the BSE. The scrip opened at Rs. 6.70 and has touched a high and low of Rs. 6.70 and Rs. 6.40 respectively. So far 2098082 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 8.65 on 13-Nov-2022 and a 52 week low of Rs. 4.23 on 29-Mar-2023. Last one week high and low of the scrip stood at Rs. 6...
Nila Infrastructures trades jubilantly on securing work order worth Rs 101.64 crore
Nila Infrastructures trades jubilantly on securing work order worth Rs 101.64 crore
Source: Accord Fintech
6/09/2023 10:47:58 AM
Infrastructure Sector Update : NHAI project awarding subdued after robust 4QFY23 By Motilal Oswal Financial Services NHAI project awarding subdued after robust 4QFY23 * As of Aug’23, project awarding by NHAI stood at 170km and construction stood at 1,215km. Project awarding activity picked up pace in 4QFY23, with NHAI awarding total projects of 6,003km in FY23. NHAI’s highway construction pace increased ~13% YoY to 4,882km in FY23. * Toll collections have been improving, with FASTag-based toll collections of INR208b during Apr-Jul’23 with a daily run rate of ~INR1.7b. In Jul’23...
Infrastructure Sector Update : NHAI project awarding subdued after robust 4QFY23 By Motilal Oswal Financial Services
Infrastructure Sector Update : NHAI project awarding subdued after robust 4QFY23 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
3/09/2023 9:59:55 AM
Dhruv Consultancy Services gains on getting LOA worth Rs 7.02 crore Dhruv Consultancy Services is currently trading at Rs. 56.20, up by 0.72 points or 1.30% from its previous closing of Rs. 55.48 on the BSE. The scrip opened at Rs. 54.37 and has touched a high and low of Rs. 56.81 and Rs. 54.37 respectively. So far 1114 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 72.50 on 01-Sep-2022 and a 52 week low of Rs. 43.26 on 31-Mar-2023. Last one week high and low of the scrip stoo...
Dhruv Consultancy Services gains on getting LOA worth Rs 7.02 crore
Dhruv Consultancy Services gains on getting LOA worth Rs 7.02 crore
Source: Accord Fintech
1/09/2023 11:50:39 AM
GR Infraprojects gains as its subsidiaries execute concession agreement with NHAI GR Infraprojects is currently trading at Rs. 1297.00, up by 11.15 points or 0.87% from its previous closing of Rs. 1285.85 on the BSE. The scrip opened at Rs. 1338.85 and has touched a high and low of Rs. 1338.85 and Rs. 1290.10 respectively. So far 3061 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1425.00 on 15-Sep-2022 and a 52 week low of Rs. 930.00 on 28-Mar-2023. Last one week high and low of the scrip s...
GR Infraprojects gains as its subsidiaries execute concession agreement with NHAI
GR Infraprojects gains as its subsidiaries execute concession agreement with NHAI
Source: Accord Fintech
30/08/2023 12:42:45 PM
Total capital outlay for roads and renewables likely to jump by 35% in FY24, FY25: Crisil Crisil Ratings in its latest report has said that the total capital outlay for roads and renewables in 2023-24 and 2024-25 is likely to jump by 35 per cent to Rs 13 lakh crore compared to that in the last two fiscal years. Conducive policies, rising investor interest and strong execution speed are expected to drive the capital outlay in the sectors.  According to the report, the pace of execution of renewable energy projects is set to increase 33 per cent to 20 GW per annum over the c...
Total capital outlay for roads and renewables likely to jump by 35% in FY24, FY25: Crisil
Total capital outlay for roads and renewables likely to jump by 35% in FY24, FY25: Crisil
Source: Accord Fintech
30/08/2023 12:35:54 PM
PM Narendra Modi highlights initiatives to push business at meeting with corporates in Athens Prime Minister Narendra Modi on Friday highlighted India's progress in areas such as renewables, startups, pharma, IT, digital payments and infrastructure and the various initiatives undertaken to foster business, during his interaction with industry representatives in Athens at a business lunch hosted by Greek Prime Minister Kyriakos Mitsotakis.  PM Modi acknowledged the role played by industry leaders in strengthening bilateral relations and promoting economic cooperation betwee...
PM Narendra Modi highlights initiatives to push business at meeting with corporates in Athens
PM Narendra Modi highlights initiatives to push business at meeting with corporates in Athens
Source: IANS
26/08/2023 8:41:13 AM
Buy G R Infraprojects Ltd For Target Rs.1,530 - JM Financial Institutional Securities Ltd G R Infraprojects’ (GRIL) 1QFY24 results were weak but in line with estimate. PY financials include bonus of INR 1.3bn and impacts YoY comparison. PAT at INR 2.1bn (down 35% YoY) came in line with estimate of INR 2.05bn (consensus: INR 2.56bn). Revenue/EBITDA declined by 13%/35% YoY to INR 21.5bn/ INR 3.15bn. EBITDA margin declined by 50bps YoY on PY adjusted base to 14.6%. Order backlog including L1 orders stood at INR 253bn (3.2x TTM revenue) as on June-23. However, bid validity for 2...
Buy G R Infraprojects Ltd For Target Rs.1,530 - JM Financial Institutional Securities Ltd
Buy G R Infraprojects Ltd For Target Rs.1,530 - JM Financial Institutional Securities Ltd
Source: JM Financial Institutional Securities Ltd
24/08/2023 2:51:47 PM
Dhruv Consultancy Services rises on getting LOA worth Rs 3.80 crore Dhruv Consultancy Services is currently trading at Rs. 51.35, up by 0.57 points or 1.12% from its previous closing of Rs. 50.78 on the BSE. The scrip opened at Rs. 50.23 and has touched a high and low of Rs. 51.35 and Rs. 50.22 respectively.  The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 72.50 on 01-Sep-2022 and a 52 week low of Rs. 43.26 on 31-Mar-2023. Last one week high and low of the scrip stood at Rs. 53.09 and Rs. 49.85 respectively...
Dhruv Consultancy Services rises on getting LOA worth Rs 3.80 crore
Dhruv Consultancy Services rises on getting LOA worth Rs 3.80 crore
Source: Accord Fintech
24/08/2023 12:39:34 PM
Madhav Infra Projects touches roof on receiving LOA for construction of railway over bridge in Gwalior Madhav Infra Projects is currently trading at upper limit of Rs. 6.00, up by 0.11 points or 1.87% from its previous closing of Rs. 5.89 on the BSE. The scrip opened at Rs. 5.89 and has touched a high and low of Rs. 6.00 and Rs. 5.89 respectively. So far 713385 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 7.03 on 08-Aug-2023 and a 52 week low of Rs. 3.55 on 16-May-2023. Last one week high and low of the scrip...
Madhav Infra Projects touches roof on receiving LOA for construction of railway over bridge in Gwalior
Madhav Infra Projects touches roof on receiving LOA for construction of railway over bridge in Gwalior
Source: Accord Fintech
23/08/2023 2:53:16 PM
Buy G R Infraprojects Ltd For Target Rs. 1,703 - Yes Securities Our view G R Infraprojects Ltd (GRINFRA) delivered a subdued performance, missing revenue/EBITDA estimates by 13% / 23%. Execution was affected by delay in receipt of appointment dates of newly awarded projects. The company has a robust orderbook of Rs196bn indicating revenue visibility of 2-3years. GRINFRA awaits AD for 11 HAM assets, majority of which is likely to be received by Q3FY24E. Revenue contribution from these assets will be substantial from FY25E onwards. For FY24E, the company...
Buy G R Infraprojects Ltd For Target Rs. 1,703 - Yes Securities
Buy G R Infraprojects Ltd For Target Rs. 1,703 - Yes Securities
Source: Yes Securities Ltd
23/08/2023 1:30:41 PM
RITES rises on emerging as lowest bidder in tender floated by Railway Board Rites is currently trading at Rs. 483.00, up by 9.25 points or 1.95% from its previous closing of Rs. 473.75 on the BSE. The scrip opened at Rs. 480.95 and has touched a high and low of Rs. 488.90 and Rs. 478.30 respectively. So far 25236 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 509.80 on 26-Jul-2023 and a 52 week low of Rs. 277.00 on 24-Aug-2022. Last one week high and low of the scrip stood at Rs. 490....
RITES rises on emerging as lowest bidder in tender floated by Railway Board
RITES rises on emerging as lowest bidder in tender floated by Railway Board
Source: Accord Fintech
23/08/2023 9:59:12 AM
RITES moves up on signing MoU with NHPC Rites is currently trading at Rs. 481.50, up by 3.70 points or 0.77% from its previous closing of Rs. 477.80 on the BSE. The scrip opened at Rs. 477.75 and has touched a high and low of Rs. 486.05 and Rs. 470.90 respectively. So far 41748 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 509.80 on 26-Jul-2023 and a 52 week low of Rs. 270.25 on 22-Aug-2022. Last one week high and low of the scrip stood at Rs. 486....
RITES moves up on signing MoU with NHPC
RITES moves up on signing MoU with NHPC
Source: Accord Fintech
22/08/2023 10:34:06 AM
Add GMR Infrastructure Ltd For Target Rs.56 - ICICI Securities India flying high again Traffic at the GMR-managed Delhi and Hyderabad airports grew 18% and 24% YoY in Q1FY24. International traffic too grew sharply at the two airports – by 20%. Notably, traffic was up 14% and 12% compared to pre-covid levels. Thus, their aero and non-aero revenues grew sharply during the quarter. As a result, EBITDA surged 76% YoY. Also, GMR received a favourable order from appellate court for Delhi Airport. The order, if approved by the court, will likely lead t...
Add GMR Infrastructure Ltd For Target Rs.56 - ICICI Securities
Add GMR Infrastructure Ltd For Target Rs.56 - ICICI Securities
Source: ICICI Securities
21/08/2023 3:14:38 PM
Dilip Buildcon climbs as its JV gets LOA worth Rs 699.03 crore Dilip Buildcon is currently trading at Rs. 310.05, up by 3.75 points or 1.22% from its previous closing of Rs. 306.30 on the BSE. The scrip opened at Rs. 305.25 and has touched a high and low of Rs. 315.40 and Rs. 304.05 respectively. So far 53525 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 347.80 on 02-Aug-2023 and a 52 week low of Rs. 159.70 on 19-May-2023. Last one week high and low of the scrip stood at...
Dilip Buildcon climbs as its JV gets LOA worth Rs 699.03 crore
Dilip Buildcon climbs as its JV gets LOA worth Rs 699.03 crore
Source: Accord Fintech
17/08/2023 3:26:47 PM
GR Infraprojects gains on emerging as L-1 bidder for two projects in Uttarakhand GR Infraprojects is currently trading at Rs. 1266.85, up by 1.95 points or 0.15% from its previous closing of Rs. 1264.90 on the BSE. The scrip opened at Rs. 1264.90 and has touched a high and low of Rs. 1280.20 and Rs. 1259.85 respectively. So far 146 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1429.00 on 16-Aug-2022 and a 52 week low of Rs. 930.00 on 28-Mar-2023. Last one week high and low of the scrip sto...
GR Infraprojects gains on emerging as L-1 bidder for two projects in Uttarakhand
GR Infraprojects gains on emerging as L-1 bidder for two projects in Uttarakhand
Source: Accord Fintech
16/08/2023 11:05:43 AM
Add J Kumar Infraprojects Ltd For Target Rs.475 - Yes Securities Strong execution with stellar margins Our view J. Kumar Infraprojects Ltd (JKIL) 1QFY24 results were in line with estimates with revenue growth of 13.8% YoY to Rs11.3bn and EBITDAM at 14.3%. The company bagged orders worth Rs36bn in YTDFY24 and has been L1 for projects worth Rs40bn. Order book stands robust at Rs143.5bn (3.3x its trailing revenues) providing strong visibility of next 2?3 years. Given the robust ordering pipeline management expects order inflows of Rs80bn+ in FY24E. For ...
Add J Kumar Infraprojects Ltd For Target Rs.475 - Yes Securities
Add J Kumar Infraprojects Ltd For Target Rs.475 - Yes Securities
Source: Yes Securities Ltd
14/08/2023 1:24:34 PM
Huawei smartphone sales finally grow after 2 years amid US sanctions Chinese conglomerate Huawei on Friday said its consumer business (which includes smartphones) rose 2 per cent to 103.5 billion yuan (over $14.3 billion) in the first half of 2023, showing definite signs of growth after substantial decline in its smartphone sales in the past two years amid the US sanctions. In the first half of 2023, Huawei generated 310.9 billion yuan ($43.1 billion) in revenue, with a year-on-year increase of 3.1 per cent and a net profit margin of 15 per cent. The com...
Huawei smartphone sales finally grow after 2 years amid US sanctions
Huawei smartphone sales finally grow after 2 years amid US sanctions
Source: IANS
11/08/2023 4:33:37 PM
`India`s macro challenge for decade ahead is to achieve sustained high, stable and inclusive growth' The macro challenge in the decade ahead will be to achieve sustained high, stable and inclusive growth, which has thus far been elusive, S&P Global said in a report titled India's Moment. A paramount test will be whether India can become the next big global manufacturing hub, an immense opportunity. Developing a strong logistics framework will be key in transforming India from a services-dominated economy into a manufacturing-dominant one, the report said. Unlocking labor mar...
`India`s macro challenge for decade ahead is to achieve sustained high, stable and inclusive growth'
`India`s macro challenge for decade ahead is to achieve sustained high, stable and inclusive growth'
Source: IANS
3/08/2023 5:39:58 PM
India`s June infrastructure output rises 8.2% y/y - government India's infrastructure output expanded 8.2% year-on-year in June, government data showed on Monday. Infrastructure output, which comprises eight sectors, including coal and electricity, accounts for nearly 40% of industrial output.
India`s June infrastructure output rises 8.2% y/y - government
India`s June infrastructure output rises 8.2% y/y - government
Source: Reuters
31/07/2023 5:31:35 PM
Infrastructure Sector Update : Order inflows mixed, execution to remain strong By JM Financial Institutional Securities Ltd Execution is likely to remain strong for diversified EPC and building construction companies while remaining moderate-to-weak for highway companies. We expect 15%?60% YoY execution growth for most companies with KNR being exception with lower growth and GRIL likely to post de-growth. EBITDA margins for highway focussed companies are likely to remain flat or decline YoY due to one-offs like early completion bonus in PY. Margins for diversified EPC companies are likely to witness improvement du...
Infrastructure Sector Update : Order inflows mixed, execution to remain strong By JM Financial Institutional Securities Ltd
Infrastructure Sector Update : Order inflows mixed, execution to remain strong By JM Financial Institutional Securities Ltd
Source: JM Financial Institutional Securities Ltd
28/07/2023 3:11:25 PM
India all set to become energy independent by 2047: Finance Minister Stressing need to focus on green growth and reduction in carbon intensity, Union Minister of Finance and Corporate Affairs Nirmala Sitharaman has said that India is all set to become energy independent by 2047 and achieving net zero by 2070.  Sitharaman further said that the Indian chemical and petrochemicals sector has huge potential and it also impacts other sectors of the economy. The importance of the sector can be gauged from the fact that it deals with more than 80,000 chemicals...
India all set to become energy independent by 2047: Finance Minister
India all set to become energy independent by 2047: Finance Minister
Source: Accord Fintech
28/07/2023 1:01:19 PM
RITES zooms on emerging as lowest bidder in tenders from CFM Rites is currently trading at Rs. 479.40, up by 24.20 points or 5.32% from its previous closing of Rs. 455.20 on the BSE. The scrip opened at Rs. 456.75 and has touched a high and low of Rs. 501.20 and Rs. 456.75 respectively. So far 448285 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 501.20 on 24-Jul-2023 and a 52 week low of Rs. 246.55 on 22-Jul-2022. Last one week high and low of the scrip stood at Rs. 50...
RITES zooms on emerging as lowest bidder in tenders from CFM
RITES zooms on emerging as lowest bidder in tenders from CFM
Source: Accord Fintech
24/07/2023 2:45:39 PM
L&T surges as its construction arm secures order for heavy civil infrastructure business Larsen & Toubro’s (L&T) is currently trading at Rs. 2549.35, up by 59.75 points or 2.40% from its previous closing of Rs. 2489.60 on the BSE. The scrip opened at Rs. 2523.40 and has touched a high and low of Rs. 2572.80 and Rs. 2523.30 respectively. So far 54313 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2,572.80 on 21-Jul-2023 and a 52 week low of Rs. 1715.00 on 21-Jul-2022. Last one week hig...
L&T surges as its construction arm secures order for heavy civil infrastructure business
L&T surges as its construction arm secures order for heavy civil infrastructure business
Source: Accord Fintech
21/07/2023 10:50:47 AM
Likhitha Infrastructure shines on bagging order from GAIL Likhitha Infrastructure is currently trading at Rs. 290.30, up by 11.00 points or 3.94% from its previous closing of Rs. 279.30 on the BSE. The scrip opened at Rs. 279.60 and has touched a high and low of Rs. 292.20 and Rs. 277.00 respectively. So far 44858 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 315.70 on 12-May-2023 and a 52 week low of Rs. 132.80 on 22-Aug-2022. Last one week high and low of the scrip...
Likhitha Infrastructure shines on bagging order from GAIL
Likhitha Infrastructure shines on bagging order from GAIL
Source: IANS
20/07/2023 12:00:21 PM
Innovators Facade Systems surges on bagging orders worth Rs 52.25 crore Innovators Facade Systems is currently trading at Rs. 166.00, up by 6.10 points or 3.81% from its previous closing of Rs. 159.90 on the BSE. The scrip opened at Rs. 167.85 and has touched a high and low of Rs. 167.85 and Rs. 163.00 respectively. So far 41600 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 178.00 on 28-Jun-2023 and a 52 week low of Rs. 50.00 on 19-Jul-2022. Last one week high and low of the scri...
Innovators Facade Systems surges on bagging orders worth Rs 52.25 crore
Innovators Facade Systems surges on bagging orders worth Rs 52.25 crore
Source: Accord Fintech
14/07/2023 11:32:29 AM
Markolines Pavement Technologies zooms on bagging work order worth Rs 47.98 crore Markolines Pavement Technologies is currently trading at Rs. 118.00, up by 5.15 points or 4.56% from its previous closing of Rs. 112.85 on the BSE. The scrip opened at Rs. 113.00 and has touched a high and low of Rs. 125.00 and Rs. 110.50 respectively. So far 60800 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 207.00 on 07-Nov-2022 and a 52 week low of Rs. 95.25 on 18-Jul-2022. Last one week high and low of t...
Markolines Pavement Technologies zooms on bagging work order worth Rs 47.98 crore
Markolines Pavement Technologies zooms on bagging work order worth Rs 47.98 crore
Source: Accord Fintech
13/07/2023 3:59:08 PM
GR Infraprojects rises on getting LOA from Ministry of Road Transport and Highways GR Infraprojects is currently trading at Rs. 1338.80, up by 7.05 points or 0.53% from its previous closing of Rs. 1331.75 on the BSE. The scrip opened at Rs. 1320.05 and has touched a high and low of Rs. 1350.65 and Rs. 1302.00 respectively. So far 5040 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1444.75 on 10-Aug-2022 and a 52 week low of Rs. 930.00 on 28-Mar-2023. Last one week high and low of the scrip st...
GR Infraprojects rises on getting LOA from Ministry of Road Transport and Highways
GR Infraprojects rises on getting LOA from Ministry of Road Transport and Highways
Source: Accord Fintech
13/07/2023 3:15:58 PM
Sanghvi Movers trades higher on bagging orders worth Rs 150 crore Sanghvi Movers is currently trading at Rs. 567.30, up by 20.75 points or 3.80% from its previous closing of Rs. 546.55 on the BSE. The scrip opened at Rs. 561.15 and has touched a high and low of Rs. 582.65 and Rs. 561.15 respectively. So far 72167 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 582.65 on 11-Jul-2023 and a 52 week low of Rs. 205.10 on 02-Nov-2022. Last one week high and low of the scrip stood at...
Sanghvi Movers trades higher on bagging orders worth Rs 150 crore
Sanghvi Movers trades higher on bagging orders worth Rs 150 crore
Source: Accord Fintech
11/07/2023 11:05:00 AM
GPT Infraprojects jumps on bagging order worth Rs 64 crore GPT Infraprojects is currently trading at Rs. 71.00, up by 0.99 points or 1.41% from its previous closing of Rs. 70.01 on the BSE. The scrip opened at Rs. 70.25 and has touched a high and low of Rs. 72.95 and Rs. 69.10 respectively. So far 2894 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 72.95 on 10-Jul-2023 and a 52 week low of Rs. 40.25 on 15-Jul-2022. Last one week high and low of the scrip stood at Rs. ...
GPT Infraprojects jumps on bagging order worth Rs 64 crore
GPT Infraprojects jumps on bagging order worth Rs 64 crore
Source: Accord Fintech
10/07/2023 4:04:50 PM
IRB Infrastructure Developers gains on logging 16% rise in gross toll collection in June 2023 IRB Infrastructure Developers is currently trading at Rs. 26.79, up by 0.41 points or 1.55% from its previous closing of Rs. 26.38 on the BSE. The scrip opened at Rs. 26.71 and has touched a high and low of Rs. 27.10 and Rs. 26.65 respectively. So far 225006 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 35.00 on 22-Feb-2023 and a 52 week low of Rs. 19.82 on 28-Sep-2022. Last one week high and low of the scrip ...
IRB Infrastructure Developers gains on logging 16% rise in gross toll collection in June 2023
IRB Infrastructure Developers gains on logging 16% rise in gross toll collection in June 2023
Source: Accord Fintech
10/07/2023 10:56:09 AM
MBL Infrastructure rises on planning to raise funds MBL Infrastructure is currently trading at Rs. 20.65, up by 0.22 points or 1.08% from its previous closing of Rs. 20.43 on the BSE. The scrip opened at Rs. 21.45 and has touched a high and low of Rs. 21.45 and Rs. 19.65 respectively.  The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 26.75 on 05-Jan-2023 and a 52 week low of Rs. 14.50 on 31-Mar-2023. Last one week high and low of the scrip stood at Rs. 21.45 and Rs. 19.65 respectively. The cu...
MBL Infrastructure rises on planning to raise funds
MBL Infrastructure rises on planning to raise funds
Source: Accord Fintech
7/07/2023 4:15:23 PM
GR Infraprojects gains after its arm executes concession agreement with NHAI GR Infraprojects is currently trading at Rs. 1317.35, up by 13.80 points or 1.06% from its previous closing of Rs. 1303.55 on the BSE. The scrip opened at Rs. 1295.85 and has touched a high and low of Rs. 1338.85 and Rs. 1285.25 respectively. So far 9559 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1444.75 on 10-Aug-2022 and a 52 week low of Rs. 930.00 on 28-Mar-2023. Last one week high and low of the scrip s...
GR Infraprojects gains after its arm executes concession agreement with NHAI
GR Infraprojects gains after its arm executes concession agreement with NHAI
Source: Accord Fintech
5/07/2023 3:35:48 PM
Buy Ahluwalia Contracts (India) Ltd For Target Rs.800 - ICICI Direct Strong Growth Visibility! About the stock: Ahluwalia Contracts (India) Limited is a leading construction company with five decades of expertise. * The company largely carries out EPC construction spanning residential/commercial complex, hotels, hospitals, institutional/corporate offices, IT parks, Railway station redevelopment, metro station/depot, parking lot etc. * The order book stood at | 8162.7 crore as of FY23 (2.9x book to bill). Ahluwalia enjoys a healthy balance sheet and is...
Buy Ahluwalia Contracts (India) Ltd For Target Rs.800 - ICICI Direct
Buy Ahluwalia Contracts (India) Ltd For Target Rs.800 - ICICI Direct
Source: ICICI Direct
5/07/2023 11:59:10 AM
India`s May infrastructure output rises 4.3% y/y - government India's infrastructure output expanded 4.3% year-on-year in May, its highest since February, driven by a surge in cement, steel and fertilizer output, government data showed on Friday. Five out of the eight sectors posted year-on-year output growth in May, according to the data. The country's infrastructure output last grew at a faster pace in February, when it increased 7.4% year-on-year, revised data on Friday showed. Infrastructure output - which comprises eight sectors, i...
India`s May infrastructure output rises 4.3% y/y - government
India`s May infrastructure output rises 4.3% y/y - government
Source: Reuters
30/06/2023 7:41:26 PM
GPT Infraprojects soars on commissioning Concrete Sleeper factory in Ghana GPT Infraprojects is currently trading at Rs. 64.80, up by 1.90 points or 3.02% from its previous closing of Rs. 62.90 on the BSE. The scrip opened at Rs. 62.90 and has touched a high and low of Rs. 64.80 and Rs. 61.64 respectively. So far 12 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 70.45 on 30-Sep-2022 and a 52 week low of Rs. 39.08 on 29-Jun-2022. Last one week high and low of the scrip stood at Rs. 66...
GPT Infraprojects soars on commissioning Concrete Sleeper factory in Ghana
GPT Infraprojects soars on commissioning Concrete Sleeper factory in Ghana
Source: Accord Fintech
30/06/2023 10:29:04 AM
Google unveils new AI tools for India, announces accelerator programme for ONDC Google on Wednesday announced several artificial intelligence (AI) tools and technologies for India to support growth and innovation among local developers, along with launching an accelerator programme for ONDC. Google Cloud is launching an accelerator programme for the government’s ecommerce initiative ONDC to help digital sellers build and scale their digital commerce operations.  As part of this initiative, the company is open sourcing a ready implementation of ONDC infra...
Google unveils new AI tools for India, announces accelerator programme for ONDC
Google unveils new AI tools for India, announces accelerator programme for ONDC
Source: IANS
28/06/2023 12:56:54 PM
Artefact Projects trades higher on securing projects assignments from National Highway Authority of India Artefact Projects is currently trading at Rs. 58.00, up by 0.28 points or 0.49% from its previous closing of Rs. 57.72 on the BSE. The scrip opened at Rs. 60.00 and has touched a high and low of Rs. 60.00 and Rs. 57.75 respectively. So far 13752 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.25 on 06-Sep-2022 and a 52 week low of Rs. 30.16 on 28-Mar-2023. Last one week high and low of the scrip stood at Rs...
Artefact Projects trades higher on securing projects assignments from National Highway Authority of India
Artefact Projects trades higher on securing projects assignments from National Highway Authority of India
Source: Accord Fintech
28/06/2023 11:12:20 AM
85% Indian IT leaders ready for demands of AI in their infrastructure: Report    About 8 in 10 (85 per cent) Indian IT leaders believe that their existing IT infrastructure is ready for the demands of artificial intelligence (AI) technology, while only 56 per cent in Asia-Pacific have certainty about the ability of their infrastructure for AI, a new report said on Monday. According to the global interconnection and data centre company Equinix, AI uptake is on the rise across all industry sectors, with more than 90 per cent of the IT decision-makers poll...
85% Indian IT leaders ready for demands of AI in their infrastructure: Report
85% Indian IT leaders ready for demands of AI in their infrastructure: Report
Source: IANS
26/06/2023 4:18:06 PM
Capacite Infraprojects zooms on bagging order worth Rs 452.50 crore Capacit'e Infraprojects is currently trading at Rs. 201.25, up by 12.15 points or 6.43% from its previous closing of Rs. 189.10 on the BSE. The scrip opened at Rs. 190.15 and has touched a high and low of Rs. 202.55 and Rs. 189.85 respectively. So far 116504 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 211.75 on 14-Jun-2023 and a 52 week low of Rs. 105.05 on 02-Aug-2022. Last one week high and low of the...
Capacite Infraprojects zooms on bagging order worth Rs 452.50 crore
Capacite Infraprojects zooms on bagging order worth Rs 452.50 crore
Source: Accord Fintech
26/06/2023 12:04:00 PM
PM Narendra Modi meets Egyptian industrialists, intellectuals Prime Minister Narendra Modi during the course of his ongoing visit to Egypt, met Hassan Allam, CEO of Hassan Allam Holding Company, one of the largest Egyptian companies operating in the Middle East and the North African region. Modi, who met Hassan in Cairo on Saturday, discussed possibilities of forging closer cooperation with Indian companies in renewable energy, green hydrogen, infrastructure and construction sectors. The Prime Minister also met Tarek Heggy, renowned Egyptian autho...
PM Narendra Modi meets Egyptian industrialists, intellectuals
PM Narendra Modi meets Egyptian industrialists, intellectuals
Source: IANS
25/06/2023 12:12:36 PM
G R Infraprojects rises on getting provisional completion certificate for Manipur project GR Infraprojects is currently trading at Rs. 1301.55, up by 8.60 points or 0.67% from its previous closing of Rs. 1292.95 on the BSE. The scrip opened at Rs. 1291.00 and has touched a high and low of Rs. 1309.00 and Rs. 1268.95 respectively. So far 3126 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1444.75 on 10-Aug-2022 and a 52 week low of Rs. 930.00 on 28-Mar-2023. Last one week high and low of the scrip st...
G R Infraprojects rises on getting provisional completion certificate for Manipur project
G R Infraprojects rises on getting provisional completion certificate for Manipur project
Source: Accord Fintech
23/06/2023 11:39:08 AM
Madhav Infra Projects zooms on receiving LoA for Construction of Railway Over Bridge Madhav Infra Projects is currently trading at Rs. 6.33, up by 0.33 points or 5.50% from its previous closing of Rs. 6.00 on the BSE. The scrip opened at Rs. 6.30 and has touched a high and low of Rs. 6.48 and Rs. 6.25 respectively. So far 1114031 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 6.83 on 09-Dec-2022 and a 52 week low of Rs. 3.55 on 16-May-2023. Last one week high and low of the scrip stood at Rs. 6...
Madhav Infra Projects zooms on receiving LoA for Construction of Railway Over Bridge
Madhav Infra Projects zooms on receiving LoA for Construction of Railway Over Bridge
Source: Accord Fintech
21/06/2023 1:44:36 PM
GR Infraprojects shines as its arm executes concession agreement with NHLML GR Infraprojects is currently trading at Rs. 1299.75, up by 32.45 points or 2.56% from its previous closing of Rs. 1267.30 on the BSE. The scrip opened at Rs. 1310.05 and has touched a high and low of Rs. 1320.45 and Rs. 1294.85 respectively. So far 2676 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1444.75 on 10-Aug-2022 and a 52 week low of Rs. 930.00 on 28-Mar-2023. Last one week high and low of the scrip s...
GR Infraprojects shines as its arm executes concession agreement with NHLML
GR Infraprojects shines as its arm executes concession agreement with NHLML
Source: Accord Fintech
21/06/2023 10:20:02 AM
Innovators Facade Systems touches roof on receiving work orders of Rs 127.57 crore Innovators Facade Systems is currently trading at its upper circuit limit of Rs. 145.20, up by 13.20 points or 10.00% from its previous closing of Rs. 132.00 on the BSE. The scrip opened at Rs. 133.00 and has touched a high and low of Rs. 145.20 and Rs. 133.00 respectively. So far 126400 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 145.99 on 12-Jun-2023 and a 52 week low of Rs. 50.00 on 19-Jul-2022. Last one...
Innovators Facade Systems touches roof on receiving work orders of Rs 127.57 crore
Innovators Facade Systems touches roof on receiving work orders of Rs 127.57 crore
Source: Accord Fintech
20/06/2023 3:32:29 PM
MEP Infrastructure Developers inches up on getting LOA worth Rs 2.31 crore MEP Infrastructure Developers is currently trading at Rs. 13.75, up by 0.01 points or 0.07% from its previous closing of Rs. 13.74 on the BSE. The scrip opened at Rs. 13.61 and has touched a high and low of Rs. 14.27 and Rs. 13.61 respectively. So far 32784 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 21.30 on 15-Dec-2022 and a 52 week low of Rs. 10.60 on 30-Sep-2022. Last one week high and low of the scrip ...
MEP Infrastructure Developers inches up on getting LOA worth Rs 2.31 crore
MEP Infrastructure Developers inches up on getting LOA worth Rs 2.31 crore
Source: Accord Fintech
20/06/2023 3:01:47 PM