India has one of the fastest-growing metro rail networks in the world, now ranked third globally with over 1,000 km of operational lines. With 18 metro systems across 17 cities, including major cities like Delhi, Mumbai, and Bengaluru. 

The country is rapidly improving its urban transport. The journey began with the Kolkata Metro in 1984, and many cities have followed since. As more projects are planned and under construction.

These stocks are strong and have good growth potential. They have a good record of completing projects on time. Investors are keeping an eye on them as metro work in India continues to grow.

1. NCC Ltd

NCC Limited is a well-known construction and infrastructure company based in Hyderabad. It works on big projects like roads, buildings, water supply systems, and metro rail. It has good years of experience and takes up both government and private contracts across the country.

With a market capitalization of Rs. 14,428 Crores, the shares of NCC Ltd opened at Rs.227.35 per equity share, from its previous day’s closing price of Rs. 228.85, and made an intraday high of Rs. 231.30 per equity share.

The company has built a strong presence in the industry by working with well-known clients like Namma Metro, Pune Metro ,Nagpur Metro and others, which reflects its trusted reputation and solid client base. It currently has a strong order book worth Rs. 71,568 Crore.

It recently secured a new order worth Rs. 2,269 Cr from the Mumbai Metropolitan Region Development Authority (MMRDA) for design, manufacture, supply, and other services for the Mumbai metro line project.

2. ITD Cementation India Ltd

ITD Cementation India Ltd is a well-known construction company in India, especially recognized for its strong presence in metro rail projects. The company is involved in building major infrastructure like metro stations, tunnels, bridges, and ports. ITD Cementation has worked on several key metro projects across cities like Mumbai, Delhi, Bengaluru, and Chennai. 

With a market capitalization of Rs.14,165 Crore, shares of ITD Cementation India Ltd opened at Rs.825.50 per equity share, from its previous day’s closing price of Rs. 822.60.and made an intraday high of Rs.828.25 per equity share.

ITD Cementation India Ltd has built a strong order book over the years, showing steady growth in projects. As of March 2025, the company holds an impressive order book of Rs.18,300 crore. In FY25 alone, it secured new orders worth Rs.7,100 crore. A major part of these projects includes metro construction works, where the company is known for its expertise in building tunnels and stations. 

Their clients include the government (50 percent), PSUs (8 percent), and private sector firms (42 percent), showing a well-diversified base. ITD Cementation is also active in 13 Indian states and 1 union territory, with ongoing international projects in Sri Lanka and Bangladesh, further expanding its metro and infrastructure portfolio.

3. J Kumar Infra Projects Ltd

J. Kumar Infra Projects Limited, founded in 1999, is a well-known infrastructure company in India with a strong presence in metro rail projects. It operates in several states, including Maharashtra, Delhi NCR, and Karnataka.

The company builds underground and elevated metro lines, stations, and depots. Major ongoing projects include Mumbai and Pune Metro, making it a key player in India’s metro expansion.

With a market capitalization of Rs. 5,708 Crore, shares of J Kumar Infra Projects Ltd opened at Rs.747.35 per equity share, from its previous day’s closing price of Rs.743.65.and made an intraday high of Rs.754.90 per equity share.

J. Kumar Infra Projects Limited has reported a historic high in its order book, reaching Rs. 22,238 Crore as of 31 March 2025 making a strong financial year. Coming to the breakup it derived 50 percent of its order from Elevated Corridors/flyovers, 18 percent from Roads/road tunnels, 11 percent from Civil and others, 9 percent from Metro projects and the remaining 12 percent from others.

Written by Sudeep Kumbar

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