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)

Resources

13 May 2026

Anant Raj Appoints Anish Sarin as Director

Anant Raj has appointed Anish Sarin as Director on its Board, marking a key step in the company’s leadership transition and long-term growth strategy. The announcement was made during the company’s Q4 and FY26 results declaration, reflecting the induction of next-generation leadership as the company expands across real estate, cloud infrastructure and data centre businesses. Anish Sarin, grandson of veteran industrialist Ashok Sarin, represents the emerging leadership at Anant Raj. Educated at Regent’s University London, he brings a global business outlook along with a strong focus on t..

Vedanta eyes AI-led value growth

Vedanta Group expects to unlock USD 300–400 million in additional value over the next three years through large-scale deployment of AI-led industrial technologies across its businesses. The group said its V-Spark DeepTech Ventures platform has already delivered nearly four times return on investment since inception.Vedanta is scaling AI, predictive analytics, Industrial Internet of Things, digital twins, machine learning, automation and connected manufacturing technologies across its metals, mining, energy and industrial operations. These deployments are aimed at improving productivity, lowe..

Hindustan Zinc inks pact with Group Nirmal

Hindustan Zinc has signed an MoU with Group Nirmal to set up a zinc wire manufacturing facility at its Zinc Industrial Park in Khankhala, Bhilwara district, Rajasthan. The partnership will expand downstream manufacturing activity and support value-added zinc applications in India.Under the agreement, Group Nirmal will manufacture zinc wire products using Hindustan Zinc’s Special High Grade zinc. The products will cater to infrastructure, renewable energy, automotive and industrial engineering sectors.Zinc wire is used in thermal spray coating and metallising processes to protect steel struct..