The infrastructure and road companies are likely to see good order flow in the second half of the financial year as compared to the first half, said Axis Securities in a research report. In the current quarter, the companies’ EBIDTA margins are likely to be impacted due to higher costs of commodities such as steel, cement, and diesel. However, going ahead, the softening in commodity prices is expected and that may shore up margins moving forward. The research firm expects infra companies under its coverage to see a 10 per cent revenue growth in Q2FY23. From the coverage list, two stocks, which are its preferred picks, H.G. Infra Engineering and KNR Constructions have turned multibaggers in the last three-year period.In the last three fiscal years, most of these companies have been able to post a Return on Equity (ROE) of over 15 per cent. The higher the ROE, the better a company is at converting its equity financing into profits. Take a look:
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisions
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June 23, 2026