Garuda Construction and Engineering Limited has successfully raised ₹75 crore from prominent anchor investors ahead of its upcoming Initial Public Offering (IPO), which opens on October 8.

Axis Securities has issued a BUY recommendation for Man Infraconstruction Limited with a target price of Rs 240, representing a 21% upside from its current market price of Rs 198.

Sharekhan has reiterated a BUY call for Larsen & Toubro Limited (L&T), with an upgraded price target of Rs. 4,550.

The National Highway Authority of India (NHAI) is planning to reduce its debt by half by year 2030 and also projecting revenue surplus by 2028. NHAI debt is currently rated AAA by rating agencies.

Construction material startup Infra.Market receives new investment from Varde Partners. The startup offers B2B services in construction segment.

Likhitha Infrastructure has set its IPO price band at Rs 117-120 per share as per the information shared by the company with media. The IPO will open on September 29.