The infrastructure and real estate sector is buzzing with activity as multiple companies report significant developments. Investors should keep an eye on the following stocks:
V.L. Infraprojects: Secured a significant contract worth ₹214.92 crore for a water infrastructure project in Gujarat. This project win is expected to enhance the company’s order book and strengthen its position in the infrastructure sector.
Lemon Tree: The company’s subsidiary received an arbitration award of ₹11.47 crore in a claim against Hind Inns & Hotels Ltd. and Hind Motors. This financial gain is likely to improve the company’s financial position and support its expansion plans.
ACE: Secured a ₹420 crore contract from the Ministry of Defence, reinforcing its presence in the defense infrastructure sector.
Kamat Hotels: Signed a management agreement for Orchid Hotel, Mandavi. This strategic partnership is expected to boost the company’s revenue and brand presence.
HG Infra: Completed the sale of its 100% equity stake in Rewari Bypass Private Ltd to Highways Infrastructure Trust. This transaction is part of the company’s strategic asset monetization plan.
These developments are anticipated to positively influence the stock performance of these companies in the infrastructure and real estate sectors. Investors should monitor these stocks for further updates.
Disclaimer:
This article is for informational purposes only and should not be considered as financial advice. Investors are advised to do their own research or consult with a financial advisor before making any investment decisions.
