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New-home construction hits a COVID-era low as high prices scare away buyers

The combination of high prices and still-elevated mortgage rates has potential buyers uneasy. Build…

Filip De Mott   


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Bajaj Housing Finance IPO booked over 4x on the second day. Should you jump aboard this ship?

While the allotment is expected to be finalised by September 12, the listing on NSE and BSE will t…

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ECOS Mobility shares jump over 17% on market debut

At the NSE, shares of the firm listed at Rs 390, a premium of 16.76 %. The company's market valuati…

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Interarch Building Products IPO allotment – How to check allotment, IPO GMP, listing date and more

Noida-based Interarch Building Products, a turnkey pre-engineered steel construction solutions prov…

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Aadhar Housing Finance sets IPO price band at ₹300-315 per share

This will be the third maiden public issue opening next week after TBO Tek and Indegene. …

PTI   


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5 mins read

A national shortage of construction workers is driving high home prices. The industry is struggling to fill the gap.

A major shortage of construction workers is bad news for homebuyers and infrastructure projects.

Eliza Relman,Madison Hoff   


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3 mins read

An Arkansas county doesn't want families to move. It's offering them up to $50,000 to buy a new home.

Mississippi County, Arkansas is offering new and existing residents up to $50,000 toward their drea…

Allie Kelly   


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L&T Q4 net profit rises 10% to ₹3,987 crore, cautiously optimistic about FY24

Construction and engineering behemoth Larsen & Toubro (L&T) on Wednesday reported a consolidated ne…

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L&T shares fall over 5% in morning trade

Shares of Larsen & Toubro on Thursday tumbled over 5 per cent after the company said its non-execut…

PTI   


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Exide Q1 PAT rises 16% to Rs 280 cr

The company had reported a profit after tax of Rs 242 crore in the April-June quarter of the preced…

PTI   


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Amid market volatility, Sensex and Nifty close flat; Construction, automobile and PSU banks outperform

The stock market closed flat on Tuesday amid volatility. The benchmark index, Sensex, ended 33.48 p…

ANI   


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L&T reports ₹2,553 crore Q3 net profit, sees boost from major private capex investments

Construction and engineering behemoth Larsen & Toubro (L&T) on Monday reported a consolidated net p…

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These 2 states are seeing record rent declines even as prices rise nationally

Metro areas in Florida and Texas are notching record rent declines amid an oversupply of units.

Filip De Mott   


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L&T Tech reports sequential growth of 4.5% in CC revenues in Q2, upgrades FY23 revenue guidance to 15.5-16.5%

The company said that it has hit $1 billion in annualized revenue run rate. It bagged a multi-milli…

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1 min read

Home prices are cooling nationwide. These 4 cities are leading the declines.

Three of the four metro areas are in Texas, and the other is in Oregon.

Filip De Mott   


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3 mins read

L&T’s Q1 net profit jumps 46%; board approves ₹10,000 crore share buyback

Infrastructure major Larsen & Toubro’s (L&T) Q1 consolidated net profit went up by 46% to ₹2,493 cr…

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4 mins read

Moonlighting is fine as long as it is unrelated to what we do for our clients, says L&T Tech

At a time when moonlighting is generating a hot debate in the IT sector, L&T Tech says that it is f…

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4 mins read

Stock picks for 2023: L&T, SBI, Axis Bank among top brokerage picks for the new year

The year 2022 has been an eventful one, with multiple headwinds in the form of rising geopolitical …

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1 min read

Bajaj Electricals Q2 2023-24 profit decline by 56% to Rs 27.3 crore

Its net sales declined 3.76 per cent to Rs 1,107.40 crore in the second quarter of the current …

PTI   


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L&T Q2 net profit grows 45%; confident of outperforming FY24 guidance

Larsen & Toubro’s second quarter net profit went up by 45% to ₹3,223 crore as compared to ₹2,229 cr…