Revenue collection barely covers the interest servicing cost of these projects, let alone project returns, says an SBI Caps report
Better road connectivity can aid economic growth but the government is worried that the NHAI has taken on more than it appears equipped to handle
We have hand-picked five smaller companies that beckon investors ‘attention.
"The company has received letter of award from the Ministry of Road Transport and Highways (MORTH)... for two EPC road projects in Maharashtra," the company said in a BSE filing.
Maintain 15 percent revenue growth guidance for FY17, says Rajeev Gupta, ED-Finance & CFO at KEI Industries
Union Minister Nitin Gadkari today said the National Highways Authority of India (NHAI) should have more powers to fast-track road projects while expressing unhappiness over its overall performance.
Order pertains to equipment supply and set up of a three 800-MW coal-based plant as part of the company’s expansion project at Patratu in Jharkhand.
The agreement is for a duration of five years with Shell Global Solutions International to provide engineering, procurement and construction management services for Shell projects.
"The company has successfully completed the project of rehabilitation and up-gradation of Mandla-Pindrai and Salimnabad-Vilayatkalan major district road intermediate laning/two-laning with paved/hard shoulder in the state of Madhya Pradesh on engineering procurement and construction (EPC) mode," Dilip Buildcon said in a BSE filing.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
The Engineering Procurement Construction (EPC) contractor has bagged an order to build a 67-kilometer long road in the Tuljapur to Ausa section of the National Highway - 361.
Lanco Infratech today reported a consolidated net loss of Rs 813.66 crore in the quarter ended on December 31, 2016, mainly due to decline in income.
Civil engineering and EPC firm JMC Projects (India) Ltd today said it has bagged new construction projects worth over Rs 1,457 crore.
Speaking to CNBC-TV18, Narender Surana said that the total EPC contract award is worth Rs 60.60 crore and for operations and maintenance works for ten years is Rs 4.75 crore which is more than 50 percent of FY16 revenues.
Expect bottomline to improve by 15 percent versus 11 percent historically, says PP Gupta, MD of Techno Electric and Engineering Company.
According to the report, the total installed capacity in the rooftop segment is 1020 MW as of September 2016. In terms of market share, Tata Power Solar leads by nearly four times over its closest competitor in the market, Tata Power Solar said in a statement today.
The 460-MW solar EPC orders secured by the firm include 16 substation projects of up to 132 KV spread across six states -- Punjab, Bihar, Karnataka, Madhya Pradesh, Uttar Pradesh and Maharashtra, the company said in a statement.
The sample study also suggests that some EPC contractors are bidding aggressively even with slim margins in order to shore up the order book, it said.
Techno Electric is amongst one stock that is held by top midcap funds according to a CNBC-TV18 study.
"The company is expecting almost Rs 2,500 crore order book in current financial year (FY17)", Sunil Gutte of Sunil Hitech Engineers told CNBC-TV18.
In an interview to CNBC-TV18, AK Lakhotia, CMD of MBL Infrastructures spoke about the results and his outlook for the company.
The company is looking at growing its topline by about 10 percent in FY17, said Kejriwal, MD and CEO, KEC International.
Speaking to CNBC-TV18 Rohan Suryavanshi of Dilip Buildcon said the company has bagged a new government for four-laning between Lucknow and Sultanpur in Uttar Pradesh.
Engineers India's bet on the international sector is paying off, with about Rs 100 crore revenue accruing from there and margins coming back up to 20 percent.