Infratech Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

At an enterprise value of $1.2 billion, this will be the biggest road deal in the country

In January, India Inc experienced a surge in deal activity with 142 transactions amounting to $6.1 billion, marking a 15% increase in volumes and a 21% rise in values compared to December 2023, as per a Grant Thornton report. This uptrend was primarily driven by robust private equity (PE) activity, highlighted by two billion-dollar investments totaling $3.6 billion. Factors such as favorable macroeconomic conditions, expectations of policy continuity, and potential foreign inflows contributed to the positive dealmaking environment.

Indian construction firm NCC reported a rise in third-quarter profit on Thursday as project execution was robust in a seasonally low quarter....

Q3 results today: Godrej Properties Ltd, Max Financial Services Ltd, Navin Fluorine International Limited, Redington Ltd, Reliance Capital Ltd, Tata Teleservices (Maharashtra) Ltd, and many other stocks will be in focus today as they will declare their Q3 results

The enterprise value of the transaction is Rs 9,005.7 crore together with the earn outs and is subject to any adjustments as stipulated in the definitive agreements translating to an equity value of Rs 2,902 crore (including cash) on invested equity of Rs 1,740 crore.