KNR Constructions, Sadbhav Engineering among road infra space's top picks

As EPC remains preferred bet, analysts' top picks include KNR Constructions, Sadbhav Engineering, and PNC Infratech, among others

The infrastructure sector remains in a sweet spot looking at the government's focus on ramping up execution, increasing project awards, and construction activities, especially in the road segment. The end-October announcement on the Bharatmala programme has set the ball rolling further now. Analysts at Motilal Oswal Securities (MOSL) say that for the past three years, the government has been ironing out issues hampering the road sector. It has cleared bottlenecks through suitable policy changes and early signs of revival in the sector have been evident for some time now. Players with strong balance sheets, execution track record, and robust asset