Garuda Construction and Engineering Limited has successfully raised ₹75 crore from prominent anchor investors ahead of its upcoming Initial Public Offering (IPO), which opens on October 8.
Axis Securities has issued a BUY recommendation for Man Infraconstruction Limited with a target price of Rs 240, representing a 21% upside from its current market price of Rs 198.
The National Highway Authority of India (NHAI) is planning to reduce its debt by half by year 2030 and also projecting revenue surplus by 2028. NHAI debt is currently rated AAA by rating agencies.