Infrastructure stocks high

Infrastructure stocks may rise on Modi’s Bharatmala boost

The Union Cabinet has approved mega highway plan to develop over 83,000 km of roads at an investment of Rs 6.90 lakh crore in next five years. As part of the biggest highway development plan, govt has also approved the Bharatmala project to develop and expand 35,000 km of roads approx, at an investment of Rs 5.3 lakh Cr, by 2022. With this development is of view that the top infrastructure company stocks such as Ashoka Buildcon, Sadbhav Engineering and IRB Infrastructure will be watched out, positively. Ashoka Buildcon shares were trading at Rs 210.35, up by more than 9.00% on NSE in...
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