Top Indian Infrastructure Industry News & Updates - 19 April 2024,Friday

🏢 Industry & SEZ

Volumes of domestic mining, construction equipment industry may drop in FY25: Report
Rating agency ICRA on Thursday said the volumes of domestic mining and the construction equipment (MCE) industry may drop in the current financial year on account of a slowdown in the new project orders amidst Lok Sabha elections and monsoon-related impact on construction activities.
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🏘 Real Estate

Capacit’e Infraprojects bags projects worth Rs 549 crore from Macrotech Developers and Raymond
Capacit’e Infraprojects Limited on Thursday announced that it has received orders worth Rs 549 crore (excluding GST) from Macrotech Developers in Worli, Mumbai, and from Raymond In Thane. 
Capacit’e Infraprojects bags new projects; stock rises
Bengaluru: Capacit’e Infraprojects Ltd has secured work orders worth ₹549 crore. According to the stock exchange filing, the company bagged an order from Macrotech Developers Ltd. (Lodha Group) for a residential project in Worli, Mumbai, for a total contract value of ₹256 crore. The company has also received order from Raymond Limited (Realty Division) for additional building in Thane and scope enhancement for the existing building aggregating to ₹293 crore.
📝  SDLG opens its first manufacturing facility in Bengaluru
📝  Digital-first affordable housing financer Altum Credo raises $40 million equity
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🛍 Cement

Cements stocks that should look solid in your portfolio
In India's cement industry, large, pan-India manufacturers have pricing power across regions leaving hardly any room for small, regional players to become market makers.
📝  Adani group invests Rs 8,339 crore in Ambuja Cements
📝  Ambuja Cements shares climb nearly 4%; hit 52-week high on BSE
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🚙 Roads & Highways

NHAI eyes Rs 54,000 crore via monetisation in FY25
The National Highways Authority of India (NHAI) is aiming to raise around Rs 54,000 crore from monetisation of brownfield road assets and project-based financing in the current financial year, which will be its highest ever mop-up via this route, a senior official said.
NHAI identifies 33 highway stretches for monetisation
 
📝  NARCL makes binding bid for Essel Infra's road project debt
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🚢 Ports

📝  Protest at Adani port disrupts coal supply to RINL's Vizag plant
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