Rising orders, execution to help road infra companies

Road awards were muted in Q1FY25. Photograph: Kind courtesy National Highway Authority Of India/X But the pace will accelerate with a bidding pipeline of Rs 1.1 trillion (September 2024), mostly......

M&A activity in slow lane, deal value down 43%

Mergers and acquisitions (M&As) in India have moved into the slow lane, dropping 43 per cent in terms of deal value to touch $13.37 billion since January this year to date, compared to the same......

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......