EPC

GR Infraprojects shares jump nearly 6% after securing Rs 903.5 crore contract from Maharashtra Metro Rail Corp

by
GR Infraprojects shares jump nearly 6% after securing Rs 903.5 crore contract from Maharashtra Metro Rail Corp

Shares of GR Infraprojects surged 5.8% to their day’s high of Rs 1,730 on the BSE after the company announced securing a Rs 903.5 crore contract from Maharashtra Metro Rail Corporation for the design and construction of an elevated metro viaduct in Nagpur. “We are pleased to inform you that our company has received a … Read more

L&T Q1 preview: Profit likely to rise multifold YoY but may halve sequentially

by
L&T Q1 preview: Profit likely to rise multifold YoY but may halve sequentially

NEW DELHI: Larsen & Toubro is likely to report a multi-fold surge in its net profit, largely on the back of a weak year-ago base. On a sequential basis, profit may actually halve, analysts said. Nomura India noted that execution weakened for the engineering, procurement and construction ( ) companies like L&T during the June … Read more