Best Infrastructure Stocks in India (2025)
Infrastructure stocks include companies involved in construction, utilities, transport, and other physical systems. These businesses operate across public and private projects that support economic activity and development.
Best Infrastructure Sector Stocks in India (2025)
Infrastructure Stocks
List of Infrastructure stocks listed in NSE.
last updated at 6:30 AM IST
Showing 1 - 20 of 204 results
last updated at 6:30 AM IST
| NameStocks (204)↓ | ↓Sub-SectorSub-Sector↓ | ↓Market CapMarket Cap↓ | ↓Close PriceClose Price↓ | ↓PE RatioPE Ratio↓ | ↓1M Return1M Return↓ | ↓6M Return6M Return↓ | ↓1Y Return1Y Return↓ | ↓PB RatioPB Ratio↓ | ↓Return on EquityReturn on Equity↓ | ↓ROCEROCE↓ | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Larsen and Toubro LtdLT | Construction & EngineeringConstruction & Engineering | 4,77,799.864,77,799.86 | 3,474.003,474.00 | 31.7731.77 | -2.95-2.95 | -2.65-2.65 | -4.98-4.98 | 4.144.14 | 13.8013.80 | 18.9118.91 | |
| 2. | GMR Airports LtdGMRAIRPORT | Construction & EngineeringConstruction & Engineering | 99,972.3899,972.38 | 94.6894.68 | -254.48-254.48 | 12.3412.34 | 24.4624.46 | -1.30-1.30 | -117.44-117.44 | -951.22-951.22 | 7.507.50 | |
| 3. | NBCC (India) LtdNBCC | Construction & EngineeringConstruction & Engineering | 30,904.2030,904.20 | 114.46114.46 | 57.1157.11 | -6.10-6.10 | 20.0920.09 | -3.85-3.85 | 12.8112.81 | 17.7017.70 | 28.0628.06 | |
| 4. | IRB Infrastructure Developers LtdIRB | Construction & EngineeringConstruction & Engineering | 29,216.6829,216.68 | 48.3848.38 | 4.514.51 | -2.73-2.73 | -11.86-11.86 | -29.93-29.93 | 2.132.13 | 4.474.47 | 21.1321.13 | |
| 5. | KEC International LtdKEC | Construction & EngineeringConstruction & Engineering | 23,408.3023,408.30 | 879.35879.35 | 41.0141.01 | -0.96-0.96 | -9.13-9.13 | -1.34-1.34 | 5.725.72 | 8.828.82 | 30.7630.76 | |
| 6. | Techno Electric & Engineering Company LtdTECHNOE | Construction & EngineeringConstruction & Engineering | 17,883.3917,883.39 | 1,537.701,537.70 | 42.2842.28 | 4.784.78 | 19.3419.34 | 2.172.17 | 8.278.27 | 13.1213.12 | 23.7623.76 | |
| 7. | Ircon International LtdIRCON | Construction & EngineeringConstruction & Engineering | 17,849.1117,849.11 | 189.78189.78 | 24.5424.54 | -6.75-6.75 | -13.80-13.80 | -39.33-39.33 | 3.023.02 | 16.7016.70 | 11.2211.22 | |
| 8. | Afcons Infrastructure LtdAFCONS | Construction & EngineeringConstruction & Engineering | 15,310.8715,310.87 | 416.30416.30 | 31.4531.45 | -5.92-5.92 | -19.97-19.97 | -12.21-12.21 | 2.912.91 | 10.9910.99 | 15.2515.25 | |
| 9. | NCC LtdNCC | Construction & EngineeringConstruction & Engineering | 14,377.0614,377.06 | 228.99228.99 | 17.5417.54 | -0.06-0.06 | -9.51-9.51 | -27.87-27.87 | 2.112.11 | 10.6910.69 | 26.7626.76 | |
| 10. | ITD Cementation India LtdITDCEM | Construction & EngineeringConstruction & Engineering | 14,115.7914,115.79 | 821.70821.70 | 37.8637.86 | 6.846.84 | 56.8756.87 | 59.1259.12 | 7.707.70 | 22.4122.41 | 35.7835.78 | |
| 11. | Engineers India LtdENGINERSIN | Construction & EngineeringConstruction & Engineering | 13,489.5813,489.58 | 240.01240.01 | 23.2723.27 | 9.849.84 | 33.8833.88 | -10.51-10.51 | 5.985.98 | 21.1221.12 | 27.5127.51 | |
| 12. | G R Infraprojects LtdGRINFRA | Construction & EngineeringConstruction & Engineering | 12,383.7312,383.73 | 1,280.101,280.10 | 12.2112.21 | -4.10-4.10 | -3.86-3.86 | -25.78-25.78 | 1.631.63 | 19.0919.09 | 16.2216.22 | |
| 13. | Power Mech Projects LtdPOWERMECH | Construction & EngineeringConstruction & Engineering | 10,389.1110,389.11 | 3,286.003,286.00 | 31.8231.82 | 4.424.42 | 35.1835.18 | 8.928.92 | 5.655.65 | 15.9215.92 | 27.4727.47 | |
| 14. | Praj Industries LtdPRAJIND | Construction & EngineeringConstruction & Engineering | 9,299.109,299.10 | 505.90505.90 | 42.4842.48 | -1.44-1.44 | -36.50-36.50 | -27.93-27.93 | 6.736.73 | 16.4816.48 | 20.4420.44 | |
| 15. | PNC Infratech LtdPNCINFRA | Construction & EngineeringConstruction & Engineering | 8,186.168,186.16 | 319.10319.10 | 10.0410.04 | 2.772.77 | 3.173.17 | -38.81-38.81 | 1.581.58 | 19.2119.21 | 15.2915.29 | |
| 16. | AJAX Engineering LtdAJAXENGG | Construction & EngineeringConstruction & Engineering | 8,104.018,104.01 | 708.35708.35 | 31.1631.16 | 15.7615.76 | 18.9718.97 | 18.9718.97 | 8.838.83 | 27.5927.59 | 37.6637.66 | |
| 17. | Dilip Buildcon LtdDBL | Construction & EngineeringConstruction & Engineering | 8,080.828,080.82 | 497.45497.45 | 12.6112.61 | -5.05-5.05 | 17.3417.34 | -4.92-4.92 | 1.851.85 | 4.634.63 | 22.6322.63 | |
| 18. | Balu Forge Industries LtdBALUFORGE | Construction & EngineeringConstruction & Engineering | 7,746.327,746.32 | 679.55679.55 | 38.0038.00 | 2.922.92 | -3.74-3.74 | 71.3471.34 | 14.0114.01 | 24.9624.96 | 45.7745.77 | |
| 19. | Ahluwalia Contracts (India) LtdAHLUCONT | Construction & EngineeringConstruction & Engineering | 7,355.237,355.23 | 1,098.001,098.00 | 36.4036.40 | 18.5418.54 | 29.5829.58 | -22.87-22.87 | 4.604.60 | 26.5126.51 | 16.7216.72 | |
| 20. | HG Infra Engineering LtdHGINFRA | Construction & EngineeringConstruction & Engineering | 7,270.497,270.49 | 1,115.601,115.60 | 14.3814.38 | 4.144.14 | -19.98-19.98 | -35.93-35.93 | 2.962.96 | 24.3424.34 | 25.9625.96 |
Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.
Selection criteria: Sub-sector: Construction & Engineering | Market Cap: Sorted from Highest to Lowest
Selection criteria: Sub-sector: Construction & Engineering | Market Cap: Sorted from Highest to Lowest
Union Budget 2025-26 on Infrastructure Stocks
The Union Budget 2025-26 is infrastructure-focused with emphasis on capital expenditure, state-level support and sector-specific investments. Key highlights:
- ₹11.21 lakh cr. allocated for capital expenditure for FY 2025-26, 10% higher than the revised estimates of the previous year.
- 50-year interest-free loan scheme extended for state-level infrastructure development with an outlay of ₹1.5 lakh cr.
- A Maritime Development Fund with a corpus of ₹25,000 cr. to support long-term shipbuilding and port infrastructure financing. The government will contribute 49% of this fund, and the remaining will come from ports and private sector investments.
- Asset Monetisation Plan 2025-30 launched to generate ₹10 lakh cr. by monetising existing assets. The money raised will be reinvested in new infrastructure projects.
- Urban Challenge Fund with a corpus of ₹1 lakh cr. to transform cities into growth hubs, redevelop and enhance water and sanitation infrastructure. ₹10,000 cr. allocated for FY 2025-26.
How to Invest in Infrastructure Sector Stocks?
Investing in Infrastructure stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in Infrastructure stocks:
- Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
- Search for Infrastructure Stocks: Go to Tickertape Stock Screener and set the “Sub-sector: Construction & Engineering” filter
- Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or returns. You can create your own custom filter, in case your preferred parameters are not available. This can help you narrow down the top Infrastructure stocks in India.
- Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
- Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
- Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.
You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!
Overview of Best Infrastructure Stocks in India
Larsen and Toubro Ltd
L&T is one of the top infrastructure companies in India, involved in engineering, construction, Infrastructure, and heavy engineering. With presence in infrastructure investment in India and abroad, it is a major player in large government infrastructure projects and private sector development.
GMR Airports Ltd
Part of GMR Group, GMR Airports Ltd develops and operates airport infrastructure in India and overseas. Its focus on long-term infrastructure development is in line with growth in transportation and smart city projects.
IRB Infrastructure Developers Ltd
IRB is a well-known name among infrastructure stocks in India, particularly in road infrastructure. The company is into highway construction, toll operations and PPP-based projects, supporting the growth of Indian infrastructure.
KEC International Ltd
KEC is a global EPC firm active in power transmission, railways, and civil infrastructure. It contributes to infrastructure sector growth in India through turnkey projects in domestic and international markets.
NBCC (India) Ltd
A government-owned enterprise primarily engaged in project management consultancy, real estate development, and civil infrastructure, contributing to large-scale urban development projects.
What are Infrastructure Stocks?
Infrastructure stocks refer to shares of companies engaged in manufacturing, supplying, or supporting military equipment, systems, and services. This includes aerospace firms, weapon manufacturers, and technology providers catering to Infrastructure contracts from the government or allied agencies.
Future of the Infrastructure Sector in India
India’s infrastructure sector is crucial to its economic growth ambitions. The government is making significant capital investments in roads, power, and urban development. Additionally, the key government projects like the National Infrastructure Pipeline, PM GatiShakti Cargo Terminals, and Smart Cities are driving this growth, creating opportunities for infrastructure stocks in India. These initiatives are paving the way for future infrastructure development in India and supporting infrastructure sector growth.
Advantages of Investing in Infrastructure Stocks in India
Economic Growth Alignment
Infrastructure development is central to India’s economic growth. Investing in infrastructure stocks in India allows investors to benefit from the country's growth trajectory.
Government Support
The Indian government consistently supports the infrastructure sector through policies and funding. This backing boosts the growth potential of the best infrastructure stocks.
Stable Revenue Streams
Many infrastructure projects, such as toll roads and utilities, generate consistent cash flows, offering investors the potential for steady returns.
Resilience to Economic Cycles
Essential infrastructure services maintain demand even during economic downturns, making digital infrastructure stocks or urban development stocks relatively resilient to market volatility.
Risks of Investing in Infrastructure Stocks
Capital Intensity
Infrastructure projects require substantial capital investment, and companies may face challenges in securing financing. This risk is notable in infrastructure companies with high debt levels.
Regulatory Risks
Changes in regulations or delays in approvals can affect project timelines and costs, particularly for companies involved in government infrastructure projects. Regulatory uncertainty can impact infrastructure stocks’ performance.
Execution Delays
Infrastructure projects are often prone to delays and cost overruns, which can affect profitability. Infrastructure companies must manage these risks to maintain growth.
Political Risks
Infrastructure development relies on government support. Political instability can delay or halt projects, particularly in regions where infrastructure is directly tied to government policies.
Competition and Market Saturation
Increased competition in the infrastructure sector, particularly in areas such as construction and engineering, can narrow profit margins. Additionally, in highly saturated markets, the potential for growth may be limited.
Environmental and Social Risks
Infrastructure projects can face opposition from local communities or environmental groups, leading to delays or increased costs. Companies must navigate these challenges to ensure the smooth execution of their projects.
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Factors to Consider Before Investing in Infrastructure Stocks
Company Fundamentals
Assessing a company's financial health, including debt levels, revenue, and profitability, is vital. Infrastructure companies in India often have high capital expenditures, making financial stability a critical factor for success.
Order Book and Execution Capability
A strong order book indicates future revenue, but the company’s ability to execute these projects efficiently is just as important for maintaining profitability. The best infrastructure stocks are often those with a proven track record of project execution and strong client relationships.
Regulatory Environment
Changes in regulations can affect the timelines and costs of infrastructure projects, impacting companies across the infrastructure sector. Keeping track of the evolving regulatory landscape helps assess potential risks and opportunities within the infrastructure development in India.
Market Demand and Sector Trends
Understanding demand in specific infrastructure sectors, such as transportation, energy, or telecommunications, can guide investment choices. Identifying sectors with strong growth prospects is advantageous.
Political Stability
Political stability ensures the continuity of infrastructure projects and policies. Political instability can lead to project delays or cancellations, affecting company earnings.
Economic Growth
Infrastructure development is closely tied to a country's overall economic health. India's status as one of the fastest-growing economies suggests potential benefits for infrastructure investments and cheap infrastructure stocks.
To Wrap Up
The infrastructure sector in India continues to grow. It is possible due to supportive government initiatives and growing demand across various industries. It’s important to consider the risks associated with capital intensity, regulatory changes, and execution challenges. Understanding these factors can help investors find the best Infrastructure stocks in India. For a deeper analysis and to explore stocks, you can use Tickertape Stock Screener to evaluate companies based on your preferences and investment goals.
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Frequently Asked Questions on Infrastructure Stocks
1. What are infrastructure stocks?
Infrastructure stocks represent companies engaged in building and managing physical structures like roads, bridges, power plants, and telecommunications networks.2. How can I invest in infrastructure stocks?
Here’s how you can invest in infrastructure stocks-- Go to the Tickertape Stock Screener
- Select the 'Construction & Engineering' sub-sector.
- From this sector , analyse and sort the stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
- Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
- Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred infrastructure stocks.
Disclaimer: Please do your own research or consult your financial advisor before investing.
3. What factors influence the performance of infrastructure stocks?
Key factors that can often influence the top infrastructure stocks in India include government policies, economic growth, project execution capabilities, and sector-specific developments.4. Are there risks associated with investing in infrastructure stocks?
Yes, just like any other sectors there are also risks in investing in infrastructure stocks. The most common problems are regulatory changes, project delays, and economic downturns that can impact company performance.5. What is the future outlook for infrastructure stocks in India?
With ongoing support from government investments and private sector participation, the infrastructure sector is expected to experience sustained growth.6. Which are the best infrastructure stocks in India?
The best infrastructure stocks in India depend on several factors, including market performance, project execution, and sector growth. To identify the most relevant stocks, evaluate companies based on their financials, growth potential, and position in the Indian infrastructure sector. You can use the Tickertape Stock Screener to explore the best infra stocks.7. Which are the top 10 infrastructure stocks in India?
The top 10 infrastructure stocks in India can change over time based on market conditions, sector performance, and project completion. However, some of the top infrastructure stocks based on market cap include- Larsen and Toubro Ltd
- GMR Airports Ltd
- NBCC (India) Ltd
- IRB Infrastructure Developers Ltd
8. Is it a good time to invest in infrastructure stocks in India?
Investing in infrastructure stocks depends on your financial goals, market conditions and economic outlook. The Indian infrastructure sector is growing, but, as with all investments, do thorough research and check current market trends before making a decision.9. Is infrastructure a safe investment?
Just like any other investment, investing in infrastructure stocks presents its own set of challenges. Risks such as project delays, regulatory changes, and capital intensity remain. The safety of infrastructure investments depends on economic conditions and company fundamentals.
