A combination of better execution, higher utilisation, positive contribution from subsidiaries and better margin should lead to higher earnings growth
Sakshi Batra does a 3 point analysis of the business fundamentals of Shankara Buildpro.
To be in force across projects by December 1, the guidelines include use of steel container trucks and prohibition of grinding and cutting building materials at site
For Indian equity markets, the macro landscape is getting murkier with each passing day.
GST has stabilised the cost of raw materials and streamlined inter-state and import tax; Mumbai is the most expensive city in terms of construction costs
It is prudent to remain with construction players having balance sheet strength and industry expertise, but have lower return expectations in the interim
Net Sales are expected to increase by 98.7 percent Y-o-Y (up 54.5 percent Q-o-Q) to Rs. 706 crore, according to HDFC Securities.
Net Sales are expected to increase by 26.3 percent Y-o-Y (up 17 percent Q-o-Q) to Rs. 771 crore, according to HDFC Securities.
Net Sales are expected to increase by 95.2 percent Y-o-Y (up 44.8 percent Q-o-Q) to Rs. 684 crore, according to HDFC Securities.
Net Sales are expected to increase by 10.7 percent Y-o-Y (up 22.2 percent Q-o-Q) to Rs. 1,143 crore, according to HDFC Securities.
Net Sales are expected to increase by 21 percent Y-o-Y (up 39.9 percent Q-o-Q) to Rs. 2,589 crore, according to HDFC Securities.
Net Sales are expected to increase by 26.7 percent Y-o-Y (up 14.2 percent Q-o-Q) to Rs. 2,218 crore, according to HDFC Securities.
Receives contract to build 50 km four-lane highway in Uttarakhand
Strong earnings visibility and attractive valuations makes HG Infra’s IPO worth applying.
The proposed project is expected to be commissioned by the financial year 2021.
The traffic growth in the last quarter has improved and bidding pipeline is also expected to be strong going forward, said Paresh Mehta, CFO, Ashoka Buildcon.
Officials said that there is a rampant problem of throwing of garbage and plastic bags inside the railway boundary on railway tracks and the national transporter has been grappling with different ideas to deal with it over the years.
On an average, there was a 4% increase in the sales turnover of the 14 mid and small size construction companies that have reported results so far.
The company has started tolling two more projects and feels that there will be a positive impact of the interest cost and debt will be pared as a result of transfer of BOT assets to IRB InvIT.
Edelweiss has come out with its sector report on Construction dated October 27, 2017. Affordable housing, rural roads other thrust areas.
Meeting in Guwahati on November 10 likely to look into issues related to construction, which needs to be “restructured”. Issues related to infrastructure will also be addressed
Edelweiss has come out with its sector report on Construction dated July 20, 2017. Building up to a public sector-led capex revival.
Construction of flats, complex, buildings will have a lower incidence of Goods and Services Tax (GST) as compared to a plethora of central and state indirect taxes suffered by them currently.
This 1001 startup idea is to transform the construction industry with the introduction of 3D printing technology.
The Tamil Nadu government, on May 11, 2017, said that measures were underway, to promote the use of artificial sand as an alternative to river sand, to be used in the construction sector. “Steps R