Tata Realty & Infrastructure slowing on road acquisitions

Compared to others in the infrastructure segment, TRIL is a recent player, set up in 2007

In the past two years, Tata Realty and Infrastructure Ltd (TRIL) has been one of the regular names cited in the list of potential buyers in the market for road assets.

This might be changing. Investment bankers say it is getting slower and less aggressive in such bidding. 

“TRIL is in the market but we have seen the company lower its price bids for road projects substantially in the past six months or so. We have seen at least a 20 per cent dip in the bids quoted,” said an investment banker who deals with road projects, on condition of