HG Infra Engineering secured a ₹763.11 crore highway project in Uttar Pradesh from the Ministry of Road Transport and Highways. The project involves upgrading a 63.84 km stretch of National Highway 227B. Despite a recent dip in quarterly profits, the company’s stock has performed well, rising 72% in 2024.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,