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3 road construction & contracting focussed companies with with ‘buy’ rating can rise up to 33%
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In the last nine years, one thing which has been constantly high is government spending on infrastructure projects. Especially roads projects.
If one looks at the work of National Highway Authority of India (NHAI), the amount of tenders it floated clearly shows how much work has gone into the road construction sector. Even during Covid, to give a push to the economy, higher allocation to road infra spending was done.
Read more on economictimes.indiatimes.comAbout this in other media
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