Construction Materials Sector

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.

The project is slated for completion within 24 months from the contract award date, as mentioned in the company's filing to the stock exchanges

L&T considers orders between ₹1,000 Crore and ₹2,500 Crore to be 'significant'.

NBCC reported sales of 5,000 units for ₹2,900 Crore across multiple residential projects of the former Amrapali Group in December 2023.