Announced Fri, 5 Jun, 2026 · 17:14 IST
Nesco surrenders 4 Raipur-Visakhapatnam Expressway sites to NHLML
NESCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.5%1-day move
₹1111.60
prior close
₹1102.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-1.2-0.8-0.5-2.5-2.6-1.8-2.2-0.4+0.4-3.1-1.5-6.0+0.8
Up moveDown movePending
AI summary
Nesco has applied to NHLML to surrender all 4 sites it held on lease on the Raipur-Visakhapatnam Expressway. The sites faced local unrest, infrastructure gaps, regulatory and land issues, leading to delays and reduced commercial viability. Financial impact is not yet quantifiable and depends on NHLML's response. The company will continue work on 4 other sites on the Hyderabad-Visakhapatnam Expressway.
Likely market impact
Removes unprofitable projects but uncertainty over financial impact. Watch for further updates from NHLML and any guidance changes.