New Delhi. In an infra conclave held in 2023, analytics firm Crisil predicted that India’s expenditure on infrastructure will be around Rs 143 lakh crore in the next 7 financial years. This is many times more than the last 7 financial years. The central government is putting a lot of emphasis on developing highways, expressways, hospitals and other types of infrastructure. In such a situation, it is natural for some companies in the infrastructure sector to get work.
Naturally, this can lead to a jump in their shares. Today we will tell you about some such infra stocks which you can keep an eye on. Based on the advice of analysts and market experts, you can also make good profits by investing in these stocks. Let us know the names of some such stocks.
Larsen & Toubro Limited
It is one of the largest construction companies in the country. One of its shares is worth Rs 3598. On Wednesday, this stock closed with a gain of 1.55 percent.
Rail Vikas Nigam Limited
The stock of this company, which works for railway infrastructure, has given a return of about 60 percent in 3 months. A lot of money is being spent on railway infrastructure in India. The company and shareholders are expected to benefit from this. Its stock closed at Rs 392 with a gain of 0.69 percent.
GMR Airport Infra Limited
In the last 3 months, this stock has given a return of more than 12 percent. In one year, this stock has given a return of more than 114 percent. On Wednesday, it fell 0.9 percent and closed at Rs 90.13.
IRB Infra Developers
This stock has given its investors a return of more than 16 percent in 3 months. This stock has increased by about 140 percent in the last one year. On Wednesday, this stock closed at 67.34 with a gain of 1.22 percent.
NBCC
This is also a government company. It has given a return of more than 34 percent in 3 months. Its return for 1 year is close to 275 percent. On Wednesday, this stock closed at 157.67 percent, up 0.70 percent.
IRCON International
IRCON’s stock has risen 30.98 percent in 3 months. In the last one year, this stock has given a return of about 225 percent. On Wednesday, this stock closed down by 0.42 percent.
(Disclaimer: The stocks mentioned here are for information purposes only. If you want to invest in any of these, then first consult a certified investment advisor. News18 will not be responsible for any kind of profit or loss of yours.)
Tags: Business news, Stock tips
FIRST PUBLISHED : June 12, 2024, 19:11 IST