Birla Corp Gains 5 per cent Amid Strong Short-Term Momentum

01 Aug 2025 CW Team

Birla Corporation, a midcap player in the Cement & Cement Products sector, saw a notable rise of 5.19 per cent on 29 July 2025, outperforming its industry peers by 4.77 per cent. The stock’s two-day rally has delivered a total gain of 5.73 per cent, signalling strong short-term momentum.

During the session, the stock touched an intraday high of Rs 1,503.15, marking a 4.86 per cent increase. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages—indicative of sustained bullish sentiment.

In the broader market, the Sensex recovered from a weak start to trade at 81,284.60, up 0.49 per cent. While the index has declined 1.47 per cent over the past three weeks, Birla Corporation has shown resilience, recording a 22.65 per cent rise year to date and an impressive 149.20 per cent gain over the past five years.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..