India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Larsen & Toubro Ltd, an engineering and construction company bought 1.20 crore units of National Highways Infra Trust for ₹149.65 crore through an open market transaction.
The National Highways Infra Trust is an infrastructure investment trust (InvIT) sponsored by the National Highways Authority of India (NHAI).
According to the bulk deal data available with the National Stock Exchange (NSE), Larsen & Toubro purchased 1.20 crore units, amounting to 11.02% unitholding in the National Highways Infra Trust.
The units were picked up at an average price of ₹124.71 per unit, taking the deal value to ₹149.65 crore. Details of the sellers of National Highways Infra Trust units could not be ascertained.
Units of National Highways Infra Trust gained marginally to close at ₹124.53 per unit on the NSE.
Also Read : WABAG and PEAK to build 100 bio-CNG plants from sewage methane Jindal Stainless supplies special alloy steel sheets to DRDO’s SMART system
Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a predictio...
Energy 01-Mar-2024
At the 23rd World Sustainable Development Summit in New Delhi, Union Minister of Power and New &...
Announcement 12-Feb-2024
BluSmart, a leading Indian electric vehicle (EV) ride-hailing and charging infrastructure network, h...
Mid Corporate 21-Feb-2024
The National Green Tribunal (NGT) has issued notices to a steel plant in Jharsuguda district, Odisha...
Renewables 04-Oct-2025
Prime Minister Narendra Modi will on Saturday inaugurate projects worth over ₹2,000 crore of Coal In...
Press Releases 02-Feb-2024
Global production of direct reduced iron (DRI) reached 28.09 million tonnes (MT) in January–Ma...
Ferrous 29-Apr-2024