E-PaperConstruction Firm News
Why construction firms’ stocks may continue to see stony days ahead
Largest overhang is a slowdown in business activity. This puts toll revenue addition in BOT and TOT projects at riskWith the problem rooted in deteriorating central and states’ finances, the situation may not turn around soon
1 min read16 Mar 2020As debt levels inch up for road developers, time for investors to hit the brakes
While companies had robust order booking, especially in the roads segment, between FY17 and FY18, the last fiscal year was a bit dullThe rise in balance sheet leverage is mirrored in higher debt-equity ratio
2 min read19 Jun 2019NBCC plans to buy 2 PSU construction firms for ₹500 crore in 2018
The acquisition of two PSU construction firms will entail a total investment of up to 500 crore by NBCC, say company executives
1 min read16 Jun 2018Construction firm NBCC to invest Rs500 crore to acquire 2 loss-making PSUs
State-owned construction firm NBCC will invest around Rs500 crore from internal accruals to acquire two loss-making firms, says managing director Anoop Kumar Mittal
2 min read15 Jun 2018Mid-sized construction firms race ahead in road sector
Timely execution of projects in road sector has enabled healthy profit margins and cash flows that are reflected in a decent interest cover for mid-size construction firms
3 min read16 Dec 2017PNC Infratech’s IPO to resume on Monday
The IPO hit the market on Friday and the bidding is scheduled to continue till Tuesday
1 min read10 May 2015Australia’s Leighton H2 profit dips, sees 2013 gains
Leighton posts a net profit for the six months to end December 2012 of A$335.4 million
1 min read13 Feb 2013Jaiprakash Associates plans to raise $769 mn for power unit
Jaiprakash Associates plans to raise $769 mn for power unit
1 min read14 Feb 2011Parsvnath to get Rs100 crore from global PE fund
Parsvnath to get Rs100 crore from global PE fund
1 min read11 Jan 2011Gayatri Projects bags Rs1,130.67 cr contract in Nagaland
Gayatri Projects bags Rs1,130.67 cr contract in Nagaland
1 min read29 Dec 2010Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared