Corporate Expansions and Contract Wins Drive Market Focus
Escorts Kubota commits ₹2,000 crore by 2031 to bolster manufacturing and R&D in Haryana, targeting agriculture and construction equipment sectors. The investment aims to enhance production capabilities and technological innovation.
GR Infraprojects secures a ₹290.23 crore contract from Jharkhand's State Highways Authority for the Giridih Bypass project. The 24-month EPC contract underscores the firm's growing infrastructure portfolio.
Eco Hotels and Resorts raises ₹19.57 crore via a rights issue, oversubscribed 1.6 times. The 1:4 share offering at ₹15.2 per share reflects strong investor confidence in the hospitality sector.
Prestige Estates Projects reports a 50% surge in Q2 sales bookings to ₹6,017.3 crore, fueled by robust housing demand. Sales volume climbs 47% year-on-year to 4.42 million square feet, signaling a resilient real estate market.