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Realty firm BPTP Ltd on Monday said it has given Rs 488 crore worth contract to NCC Ltd for construction of a new housing project in Gurugram.
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Global hospitality major Minor Hotels on Monday said it has signed a management contract to operate a luxury hotel at the upcoming Rs 2,400-crore World Trade Centre (WTC) in Salt Lake near Kolkata.
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Realty firm Smartworks Coworking Spaces has leased 1,150 desks to a global firm at its centre in Navi Mumbai for a total rental income of Rs 51 crore.
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Titagarh Rail Systems shares surged following Jefferies’ ‘Buy’ rating, citing robust growth prospects in passenger and metro coaches driven by increased railway spending. The brokerage forecasts significant revenue and EPS growth, projecting a substantial rise in return on equity. In contrast, Jupiter Wagon received an ‘Underperform’ rating due to its higher valuation and slower growth expectations.
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Market expert Sameer Dalal warns that prolonged geopolitical tensions are overshadowing India’s growth and earnings outlook, leading to a pause in fresh equity investments. He anticipates further market downside and subdued Q1 earnings due to rising input costs, supply disruptions, and potential inflationary pressures.
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