B R Goyal Infra Rises post Rs 707.5 Million NHAI Work Order

11 Mar 2025 CW Team

B R Goyal Infrastructure’s stock rose 2.49% to Rs 123.50 after securing a Rs 707.5 million work order from the National Highways Authority of India (NHAI). The order involves engaging a user fee collection agency through competitive e-tendering for the Newadakanthi fee plaza on the Aligarh-Kanpur section of National Highway 91 in Uttar Pradesh. The project, covering a four-lane section from Design Km 373.085 to Km 433.728, is set to be completed within a year.

B R Goyal Infrastructure specialises in infrastructure projects like roads, highways, and buildings and also offers EPC services, wind power generation, ready-mix concrete manufacturing, and toll collection. As of September 30, 2024, the company had 614 employees, including 212 in toll collection contracts.

The company reported Rs 1.55 billion in revenue and Rs 19.4 million in net profit as of July 31, 2024. Listed on January 14, 2025, at Rs 135.75, the stock trades 4.60% above its IPO price of Rs 135 per share. The IPO, held from January 7–9, was subscribed 109.91 times.

(Business Standard)

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Infrastructure Urban

26 Jun 2026

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..