Infrastructure and real estate stocks are gaining momentum today, March 24, 2025, with several major announcements.
Godrej Properties has acquired a 10-acre land parcel in Yelahanka, Bengaluru, with an estimated revenue potential of ₹2,500 crore from residential development. NCC secured a ₹1,480.34 crore contract from Bihar Medical Services and Infrastructure Corporation, boosting its order book. Mahindra Lifespace Developers set a target to generate ₹400–500 crore in annual revenue from its industrial parks segment by FY26. Ashoka Buildcon made a neutral move by re-appointing Mr. Satish Parakh as Managing Director. Meanwhile, L&T received board approval to raise up to ₹12,000 crore through long-term borrowings and elevated Subramanian Sarma as Deputy MD and President.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Stock market investments are subject to risks, and readers should conduct their own research or consult a financial advisor before making any investment decisions.
