Construction firms' growth hinges on execution

Recently, a HCC-URC construction joint venture was awarded a Rs 798 cr Bangalore Metro Rail contract

Construction sector companies have continued to see strong traction in their order inflow.

Recently, a HCC–URC construction joint venture was awarded a Rs 798 crore Bangalore Metro Rail contract. The strong order flow from metro rail projects is improving the outlook for companies such as Larsen & Toubro, J Kumar Infra (JKIL), Simplex Infrastructure and HCC.

Also, the government’s focus in recent years has translated to more orders in roads and urban infrastructure for most companies in the engineering and construction space. Dilip Buildcon, IRB Infra, PNC Infratech, KNR Infra and many others are well placed in terms of order