Industry Trends

HUDCO to raise up to ₹2,500 crore via NCD issue on December 12

This follows the approval granted by the board to raise funds up to ₹65,000 crore through the issue of bonds and debentures during FY2025-26. The proposed fresh Series-E 2025 NCDs will have a tenure of 7 years, with the redemption date fixed as December 12, 2032. Shares of Housing & Urban Development Corporation Ltd ended at ₹213.70, up by ₹0.91, or 0.43%, on the BSE today, December 9.

Industry Trends

Highway Infrastructure wins ₹329 crore NHAI tolling contract in Andhra Pradesh

The Letter of Acceptance (LoA), issued on Dec 9, covers toll operations across an 82.5-km segment between km 355 and km 437.5, one of the busiest stretches connecting northern Andhra Pradesh with key industrial and port clusters further south. The contract was awarded through a competitive e-tender process.

Industry Trends

SEPC-Furlong JV bags ₹86-crore contract for Patna's Bihta Airport project

The scope of the project includes engineering, procurement and construction work for a new integrated terminal building, construction of a utility building and associated structures, and execution of an elevated road. Shares of SEPC Ltd ended at ₹8.97, up by ₹0.050, or 0.56%, on the BSE today, December 9 .