Group 1: NBCC (India) Ltd - NBCC (India) Ltd secured two significant contracts in Odisha totaling ₹134.05 crore, excluding GST [1] - The first contract is for construction, repair, and renovation under PM-USHA at Maharaja Sriram Chandra Bhanja Deo University, valued at ₹45.87 crore [1] - The second contract involves civil works implementation for the Godabarisha Mishra Adarsha Prathamika Vidyalaya Scheme, valued at ₹88.18 crore [1] Group 2: Oil and Natural Gas Corporation Ltd (ONGC) - ONGC signed Joint Venture Agreements with Mitsui O.S.K. Lines Ltd. to subscribe to equity shares in two joint venture entities, Bharat Ethane One IFSC Pvt Ltd and Bharat Ethane Two IFSC Pvt Ltd [2] - ONGC will subscribe to 200,000 equity shares at ₹100 per share in each joint venture, resulting in a 50% equity stake in both entities [2] Group 3: Steel Authority of India Ltd (SAIL) - SAIL reported a 37% year-on-year growth in sales, reaching 2.1 million tonnes in December 2025, compared to 1.5 million tonnes in December 2024 [3] - This performance marks the best ever showing for the month of December, with significant inventory reduction and a strong focus on customer deliveries [3]

Rising global defense spending, large-scale infrastructure investments, increased manufacturing activity, and AI-driven demand for data centers are among the trends that drove the industrial sector in 2025. The catch for investors is that these trends are likely to persist for several years, as much of the underlying spending is tied to multi-year projects. That said, there are potential headwinds that could counter these developments, including strategic realignments, disruptive technologies, and shifts in ...

With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Limoneira Co. (NASDAQ:LMNR) to post a quarterly loss of 10 cents per share on revenue of $35.25 million after the closing bell, according to data from Benzinga Pro. Limoneira shares gained 0.9% to $14.53 in after-hours trading.  ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) shares rose sharply in extended trading hours on Monday after the company said it ...

ab Global Research 19 December 2025 Channel Checks: Data Centers Expert: Shift to distributed generation for prime power could shift competitive landscape Channel check: OEMs with diverse products (diesel and gas) are best positioned Alongside our energy team, we co-hosted an expert call on the distributed power generation outlook with a former executive at a large engine OEM. We discussed with the expert topics including capacity, competition, and the demand outlook. Our key takeaways: Read through: Mostly ...

Norwalk, Connecticut-based EMCOR Group, Inc. (EME) operates as one of the leading providers of mechanical and electrical construction, industrial and energy infrastructure, as well as building services for a diverse range of businesses. With a market cap of $27.9 billion, the company serves commercial, industrial, utility, and institutional clients. Companies worth $10 billion or more are generally described as "large-cap stocks." EMCOR fits right into that category, with its market cap exceeding this th ...

Core Viewpoint - Jacobs Solutions Inc. is experiencing a challenging period with its stock performance lagging behind the broader market despite its significant market capitalization and recent project wins [2][3][4]. Company Overview - Jacobs Solutions Inc. is based in Texas and provides a range of professional services, including consulting, technical, scientific, and project delivery solutions, with a market cap of $16.1 billion [1]. - The company operates across various sectors, including advanced manufacturing, cities and places, energy, environmental, life sciences, transportation, and water [1]. Stock Performance - Jacobs shares have decreased by 18.8% from their 52-week high of $168.44, reached on October 24, and have fallen 8.1% over the past three months, underperforming the S&P 500 Index, which surged by 4.8% during the same period [3]. - Year-to-date, Jacobs stock has increased by 2.3% and by 1.2% over the past 52 weeks, which is significantly lower than the S&P 500's year-to-date gains of 17.3% and 13.4% over the last year [4]. Recent Developments - On November 26, Jacobs stock rose by 1.7% after the company, through its joint venture with Arcadis, was appointed as Project Independent Certifier for Queensland's Logan and Gold Coast Faster Rail Project, which involves significant upgrades to the rail infrastructure [5]. - The joint venture aims to enhance safety, capacity, and passenger access between Brisbane and the Gold Coast, highlighting Jacobs' capability in delivering complex infrastructure projects [6]. Competitive Landscape - Jacobs faces competition from TopBuild Corp., which has shown resilience with a year-to-date return of 42.6% and a 21.2% increase over the past year, outperforming Jacobs [6]. Analyst Sentiment - Wall Street analysts maintain a moderately bullish outlook on Jacobs, with a consensus "Moderate Buy" rating from 16 analysts and a mean price target of $158.21, indicating a potential upside of 15.7% from current price levels [7].

Transaction Overview - OCI and Orascom Construction are combining to form a single Abu Dhabi-listed entity named "Orascom", with a secondary listing in Egypt[20] - OCI will receive 97,201,359 new Orascom Construction shares, resulting in approximately 47% ownership of Orascom Construction post-deal[20] - OCI shareholders will receive 04634 Orascom Construction shares for every 1 OCI share[20] Strategic Rationale and Value Creation - The combined entity aims to create a scalable infrastructure platform, delivering recurring sustainable income and strong returns by integrating concessions, EPC, and financing expertise[5] - The platform has a proven investment track record generating 39% IRR since 1999[7] - OCI realized over $116 billion in gross proceeds from divestments between 2023-2025 and has returned ~$7 billion to shareholders since 2022[29] - Orascom Construction's backlog reached $86 billion in 9M 2025, an 8% year-over-year growth[31] Market Positioning and Growth - Orascom Construction's 9M 2025 revenue was $34 billion, a 47% year-over-year growth, with EBITDA of $224 million, a 98% year-over-year growth[31] - The combined entity is strategically positioned to benefit from mega trends in infrastructure, water, energy, and mobility[17] - Weitz Company, acquired by Orascom Construction in 2012, has quadrupled its backlog and experienced a 58% CAGR in data centers[48] BESIX Group - OC acquired 50% of BESIX in 2004 for EUR 1875 million and has since received cumulative dividends of approximately EUR 280 million[57] - BESIX Group's backlog reached EUR 72 billion in 9M 2025[54]

Core Insights - Quanta Services, Inc. (PWR) is valued at $67.8 billion and is a leading provider of infrastructure solutions, focusing on electric power, renewable energy, communications, and pipeline utility systems [1] - PWR is categorized as a large-cap stock, reflecting its significant size and influence in the engineering and construction industry [2] Financial Performance - PWR's stock experienced a 2.9% decline from its 52-week high of $469.43, reached on July 25, but gained 21.8% over the past three months, outperforming the Dow Jones Industrial Average's 5.8% increase [3] - Year-to-date, PWR shares have risen 44.3%, and over the past 52 weeks, they have climbed 34.2%, significantly outperforming the Dow's YTD gains of 12.6% and 7.1% over the last year [4] - On October 30, PWR's stock rose 1.2% following stronger-than-expected Q3 2025 results, with adjusted EPS at $3.33 and revenue increasing 17.5% year-over-year to $7.63 billion [5] Growth Outlook - The company raised its full-year revenue guidance to between $27.8 billion and $28.2 billion and reaffirmed an adjusted EPS midpoint of $10.58, indicating strong confidence in its growth trajectory [5] - PWR has been trading above its 200-day moving average since early May and above its 50-day moving average since mid-September, confirming a bullish trend [4]

Core Insights - The presentation features management from Dycom, including CEO Dan Peyovich and Callie Tomasso, indicating a focus on the company's strategic direction and performance in the machinery, engineering, and construction sectors [1]. Company Overview - Dycom is highlighted as a key player in the U.S. building materials sector, with a focus on machinery and engineering [1]. Management Introduction - The presence of CEO Dan Peyovich and Callie Tomasso suggests a commitment to engaging with investors and stakeholders, emphasizing transparency and communication [1].

PresentationSteven FisherUBS Investment Bank, Research Division Okay. I think we're good to go here. Good morning. Thanks, everybody, for joining. I'm Steve Fisher, UBS Machinery, Engineering Construction and U.S. Building Materials analyst. Really thrilled to have the management of Quanta Services with us here today. We have CEO, Duke Austin; CFO, Jayshree Desai. We have Kip and Sean here and a couple of other members of management. Just before we get started, one disclosure here. As a research analyst, I ...