The billionaire Adani family, which is building an in-house construction and engineering ecosystem by acquiring ITD Cementation and PSP Projects, is actively seeking additional acquisition opportunities, according to bankers. As part of its $100 billion investment plan by 2030, the Ahmedabad-based group has undertaken several large-scale construction projects, including the Dharavi redevelopment, Ganga Expressway, a mega convention centre in Mumbai and airports.
Ashok Leyland, ITD Cementation India have more than doubled.
This metro line would be a 33.65-km rail link between Bangalore City Centre and Bangalore International Airport.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Investors booked profits at higher levels with oil shares leading the decline
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
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