Infra Stocks

Railway, defence, infra stocks suffer on subdued capex spend in Budget 2025

Market experts were disappointed with the subdued capex targets for FY25 and FY26, seeing it as a shift in the government's focus from capex towards consumption.

PSUs miss out on major boost in Budget 2025: Is it time to exit?

While PSU stocks took a hit from the Budget’s muted capex allocation, analysts expect an uneven impact across capex-linked sectors. While sectors like railways and infra, may struggle, defence could continue to hold ground.

Ashoka Buildcon stock gains 2% on securing EPC contracts worth Rs 1,738 crore

Ashoka Buildcon wins a Rs 474 crore MMRDA project and secures additional contracts worth Rs 1,264 crore for major infrastructure developments, further strengthening its position in the industry.

Construction, infrastructure stocks rally up to 8% buoyed by Budget announcements

The tepid growth in capex outlay is disappointing for companies in the roads and water segments, according to Nuvama Institutional Equities.

Capital gains tax hikes no dampener, but valuations in most sectors expensive, says 3P's Prashant Jain

Prashant Jain views the Budget as positive for fiscal consolidation and job creation but remains cautious on manufacturing, industrial, and defence stocks

Construction, infra stocks gain as FM Sitharaman announces new projects in Budget 2024

FM Nirmala Sitharaman announced significant infrastructure developments for Bihar, including new airports, medical facilities, and sports infrastructure.

Budget 2024: Market betting on infra announcements; capex plays in focus

With a heightened focus on developing highways, railways, and urban infrastructure, companies in these segments are poised for significant opportunities, said Axis Securities.

Morgan Stanley says these stocks are riding high on India’s capex boom

Morgan Stanley is bullish on India's infrastructure play as the government ramps up capex spend, with the note projecting upside in L&T, NTPC, Titagarh Rail Systems, and Ultratech Cement.

Jonathan Garner of Morgan Stanley: India to emerge as FII's darling; bullish on ICICI Bank, Maruti, and more

As India continues to attract global funds and shift towards consumer-driven growth, it presents compelling opportunities for investors looking to capitalize on its expanding economy and dynamic market environment.

PNC Infratech stock soars 7% after subsidiary receives Rs 391 crore from NHAI in settlement agreement

So far this year, PNC Infratech stock has rallied 55 percent, outperforming benchmark Nifty 50, which rose nearly 7 percent during this period.

KNR Constructions stock rallies 7% on robust Q4 results

KNR Constructions provides Engineering, Procurement and Construction (EPC) services. Its major projects include roads and highways.

Dilip Buildcon tumbles 5% as IDBI Capital downgrades stock after Q4 results

Dilip Buildcon's Q4FY24 standalone profit came in-line with estimates. Its FY24 revenue growth was over 4 percent on-year but importantly there was stability in EBITDA margin at 12 percent.

These BSE Midcap index stocks gained up to 451% since Budget 2023; what’s next?

IRFC, REC, Power Finance Corporation, BHEL, SJVN, JSW Energy and GMR Airports are some of the direct beneficiaries of the increased capex spending announced in the budget on the Infrastructure, Power and Railways sector.

Industrial stocks: Are investors chasing momentum?

The industrial sector is the only one to have seen an influx of FII money every month since May 2022

This infra EPC company has buyers stepping on the gas – Here’s why

Nomura has retained its target price for KEC shares, while Prabhudas Lilladher is bullish on the company’s long-term prospects.

KNR Constructions | Q4 was no great shakes but analysts in high spirits

In the past three months, shares of KNR Constructions have dropped 3 percent and in the past one year, they are down 2 percent.

HG Infra up 6% as net sales zoom 44.21% in Q4

HG Infra Engineering Ltd stock has given a return of 184 percent over the last 5 years, outperforming the benchmark Nifty, which has gained 69.30 percent over the same period

Mark Mobius says infra companies should not be listed

He believes, that investors would be willing to put money in long-term bonds that are tied to the income of infrastructure, such as a bridge or toll road as it would provide good source of long-term income.

Stocks on expressway | PNC Infratech, KNR Constructions may speed up on order inflows, valuations

Attractive valuations and NHAI order inflows in the second half of this fiscal are likely to pep up the two EPC stocks despite a lull in the sector.

As investment cycle perks up, infra, capital goods to have bright FY23

The fourth quarter performance of infrastructure companies didn’t disappoint investors but it didn’t give enough comfort as well. In the BSE 500 population, infrastructure firms reported a neat 66.6 percent year-on-year growth in net profit at the aggregate level.

74th Independence Day | PM announces major infra push; stocks like L&T, HG Infra may be in focus