-
The company witnessed 39% growth in its sales in the domestic market at 25,930 units in 2023
-
S&P Global on Thursday projected the Indian economy to grow by an average annual rate of 6.7% to March 2031, driven by manufacturing and services exports and consumer demand, despite short-term challenges from rate hikes and a global slowdown.
-
With the revenue visibility over the medium term, and no material affect on the margins, construction space should deliver better earnings performance
-
The construction sector, which contributes 9 percent to India’s GDP, is back with a bang. The high leverage business saw a strong recovery in execution and growth on a year-on-year basis with companies reported double-digit growth in profitability. With growth back on track which are the stocks to hedge your bets? Watch the video to find out.
-
After a 45 percent year on year drop in revenues, construction companies are getting their rhythm back, with key bottlenecks out of the way
-
However, as the coronavirus impact subsides and activities come back to normalcy, strong order flow under the National Infrastructure Pipeline, focus on infrastructure, and lower execution impediments should help in recovery, Icra added.
-
-
-
Strong order books and better Q2 earnings have made the stocks of these 18 construction companies a good option for investors.
-
While a strong order book has been the key driver, most companies believe the execution of projects has significantly improved as key flagship government projects reach the completion stage.
-
The correction in midcaps has bought many construction companies to reasonable-to-attractive valuations
-
It is prudent to remain with construction players having balance sheet strength and industry expertise, but have lower return expectations in the interim
-
While notifying the tax rates for central GST, IGST and Union Territory GST, the Central Board of Excise and Customs (CBEC) tweaked the tax rate and the mode for calculation.
-
"India Ratings and Research (Ind-Ra) has maintained a stable outlook on the construction sector for FY18, driven by the expectation that the slow but steady increase in revenue and improvement in EBITDA margins seen during FY16 and 1HFY17 will continue in FY18," the rating agency said in a statement.
-
Speaking to CNBC-TV18 the CFO, Paresh Mehta, said the company will not make any compromise with its margin adding that it continued to bid for Engineering, Procurement, and Construction (EPC) projects with margins of around 12-12.5 percent.
-
Steps taken by the government to revive the construction sector will likely release Rs 39,366 crore to contractors and concessionaires, the NITI Aayog said today.
-
"The recent initiatives put forth by the NITI Aayog and approved by the Cabinet Committee on Economic Affairs (CCEA) for revival of the construction sector are a key positive for the stressed construction sector," Icra Vice President Shubham Jain said.
-
The new announcements are within the spirit of the new government to enable ‘ease of doing business‘.
-
An array of measures approved by the Cabinet Committee on Economic Affairs (CCEA), including easing of rules for quicker settlement of disputes, pump in liquidity and reinvigorate stalled projects, will revive the sector, the infrastructure major said in a statement.
-
In an effort to revive the construction sector in the country, the cabinet chaired by prime minister Narendra Modi, has allowed contractors to move to a new, speedier arbitration process, approved the release of R
-
"Real estate and construction sector in India is expected to be the third largest globally by 2030 contributing over 15 percent to the Indian GDP and emerge as the largest employer in India providing employment opportunities to over 75 million people," KPMG said in a statement.
-
These calls were made by an engineer and an architect at the Business Excellence & Research Group awards (BERG) held in Singapore last night.
-
According to the global deal tracking firm, deal making activity in the first half of the year was down 4 percent in value terms, compared to deals worth USD 18.2 billion in January-June period of 2015.
-
The chain, run by Ruias-promoted steel maker, provides customised services to original equipment manufacturers, retailers as well as small and medium enterprises through a chain of 100 hypermarts and 200-300 franchises.
-
will need around 76.5 million strong skilled workforce in Building, Construction and Real Estate by 2022.
