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PNC Infra sale could lead to valuation upgrades for road assets

While activity in the highway segment has been slow, the bid pipeline saw recovery in January 2024, and awards are expected to improve in Q4FY24. Photograph: Courtesy, PNC Infratech The national......

Road projects may hit slow lane in near term

A 25 per cent year-on-year (Y-o-Y) increase in budget allocation towards the roads sector for FY24 has led to renewed interest among investors. Photograph: Rupak De Chowdhuri/Reuters......

Rs 8.45 trn & rising: Orders flood major capital goods firms

India’s leading capital goods and engineering firms are in the midst of one of their busiest seasons, with the combined orderbook surging past Rs 8 trillion in value. Photograph: Dan......

75% BSE 500 stocks below all-time highs despite index touching record

The underperformance of the bulk of BSE 500 stocks is a classic case of polarisation, where investors are lapping up stocks of sectors that are likely to do well going ahead. Around 75 per cent,......

Infrastructure push: Higher expenditure yet to reflect in top line

The combined net sales of 42 listed construction and capital goods companies that have declared their third-quarter results so far were down 2.3 per cent year-on-year in Q3FY21 while core operating......

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Ashoka Buildcon

News for Ashoka Buildcon

PNC Infra sale could lead to valuation upgrades for road assets

Road projects may hit slow lane in near term

Rs 8.45 trn & rising: Orders flood major capital goods firms

75% BSE 500 stocks below all-time highs despite index touching record

Infrastructure push: Higher expenditure yet to reflect in top line

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