Construction Materials Sector

L&T’s PT&D division wins significant EPC orders in the Middle East for 380 kV and 132 kV substations, strengthening grid reliability and supporting growing energy demand.

Adani Group received a major boost after NCLAT upheld its ₹14,535-crore resolution plan for Jaiprakash Associates and dismissed Vedanta’s appeal. The verdict cleared a key legal hurdle in the high-profile Jaypee insolvency case, triggering a nearly 3% rise in Adani Enterprises and Adani Ports shares as investors cheered the strategic acquisition.

Indian benchmark indices ended sharply lower on May 12, 2026, with Sensex falling 1,456 points and Nifty closing at 23,379. Rising crude oil prices, persistent US-Iran tensions, rupee weakness, and heavy selling in IT stocks after OpenAI’s new AI deployment business announcement triggered broad-based market weakness. Realty, IT, defence, and financial stocks led the decline, while ONGC gained on government royalty cuts for crude and natural gas production.

The search was conducted under the Customs Act of 1962 in connection with the alleged evasion of customs duties on imported items.

The facility would be built close to the current 2,000-MW thermal power station (TPS) in Singrauli, Uttar Pradesh.

RITES shares saw a 2% increase in trading on February 26 as of 3:20 pm.

With a total length of around 12.5 km and 7 underground stations, the Jakarta MRT Phase 2A is an extension of the current Jakarta MRT Line

NBCC aims to complete construction in all pending projects by March 2025 and deliver flats to homebuyers

Both businesses were chosen as contractors for the project out of ten, with Kalpataru winning the lowest bid for three packages and L&T for one.

Dilip Buildcon's net profit in Q3FY24 fell 3.2% year on year (YoY) to ₹107.4 Crore.