Under the Interim Budget 2024-25, capital investment outlay for infrastructure has been increased by 11.1 percent to Rs.11.11 lakh crore, which would be 3.4 percent of GDP. India’s population growth and economic development require improved transport infrastructure, including investments in roads, railways, and aviation, shipping and inland waterways.
Ace investors are renowned individuals who have achieved significant success in the stock market through their investment strategies and portfolios. The decisions and portfolio moves of these ace investors can significantly influence stock prices and market sentiment.
Listed below are some of the Infrastructure stocks held by Ace Investors that you can add to your watchlist.
Capacite Infraprojects
Capacite Infraprojects Limited is primarily engaged in the business of providing engineering, procurement, and construction (EPC) services and turnkey solutions for housing, high rises, super high rises, speciality buildings, urban infrastructure and many others.
With a Market capitalization of Rs. 2,754 Crores, the shares of Capacite Infraprojects Limited were trading at Rs. 325.20 per equity share, down 0.26 percent from its previous day’s close price of Rs. 326.05.
Ace Investor Mukul Mahavir Agrawal holds a 6.21 percent stake in the company consisting of 52.50 Lakh equity shares. He made a fresh entry into the company in March 2023 by purchasing a 1.91 percent stake in the company consisting of 13 lakh equity shares.
Its Revenue from operations grew by 34.06 percent from Rs. 446.72 Crores in Q4FY23 to Rs. 598.89 Crores in Q4FY24, accompanied by profits of Rs. 21.65 Crores to Rs. 51.81 Crores.
J Kumar Infraprojects
J Kumar Infraprojects Limited is engaged in the execution of contracts for various infrastructure projects including Transportation Engineering, Irrigation Projects, Civil Construction, Piling Work, metro projects, roads, flyovers, and many more.
With a Market capitalization of Rs. 6,661 Crores, the shares of J Kumar Infraprojects Limited were trading at Rs. 880.40 per equity share, down 1.28 percent from its previous day’s close price of Rs. 891.80.
Ace Investor Mukul Mahavir Agrawal holds a 2.64 percent stake in the company consisting of 20 Lakh equity shares. He made a fresh entry into the company in December 2016 by purchasing a 1.32 percent stake in the company consisting of 10 lakh equity shares.
Ace Investor Mukul Mahavir Agrawal holds a 1.06 percent stake in the company consisting of 8 Lakh equity shares. She made a fresh entry into the company in September 2022 by purchasing a 1.08 percent stake in the company consisting of 8.13 lakh equity shares.
Its Revenue from operations grew by 25.64 percent from Rs. 1,134.21 Crores in Q4FY23 to Rs. 1,424.97 Crores in Q4FY24, accompanied by profits of Rs. 73.87 Crores to Rs. 99.68 Crores.
Patel Engineering
Patel Engineering Limited is a heavy civil engineering and construction company engaged in the business of construction and development of dams, bridges, industrial structures, engineering of irrigation projects, water supply, tunnels, and many more.
With a Market capitalization of Rs. 6,088 Crores, the shares of Patel Engineering Limited were trading at Rs. 72.10 per equity share, up 0.68 percent from its previous day’s close price of Rs. 71.61.
Ace Investor Vijay Kishanlal Kedia holds a 1.42 percent stake in the company consisting of 1.2 Crore equity shares through his firm Kedia Securities Private Limited. He made a fresh entry into the company in March 2023 by purchasing a 1.29 percent stake in the company consisting of 1 Crore equity shares.
Its Revenue from operations grew by 11.46 percent from Rs. 1,205.06 Crores in Q4FY23 to Rs. 1,343.18 Crores in Q4FY24, accompanied by profits of Rs. 80.03 Crores to Rs. 140.94 Crores.
Om Infra
Om Infra Limited is an infrastructure company engaged in diverse business activities related to hydro-mechanical equipment, turnkey solutions for real estate, hotels, power developments, engineering, and many more.
With a Market capitalization of Rs. 1,773 Crores, the shares of Om Infra Limited hit a 5 percent upper circuit at Rs.184.13, from its previous day’s close price of Rs. 175.37.
Ace Investor Vijay Kishanlal Kedia holds a 2.49 percent stake in the company consisting of 24 Lakh equity shares through his firm Kedia Securities Private Limited. He made a fresh entry into the company in September 2023 by purchasing a 2.56 percent stake in the company consisting of 24.65 Lakh equity shares.
Its Revenue from operations declined by 14.7 percent from Rs. 346.66 Crores in Q4FY23 to Rs. 295.71 Crores in Q4FY24, accompanied by profits of Rs. 7.8 Crores to Rs. 3.2 Crores.
NCC
NCC Limited is primarily engaged in the business of undertaking EPC contracts and BOT projects involving the construction of industrial and commercial buildings, roads, railway track laying, dedicated freight corridors, power transmission lines, and many more.
With a Market capitalization of Rs. 20,398 Crores, the shares of NCC Limited were trading at Rs. 324.90 per equity share, up 0.76 percent from its previous day’s close price of Rs. 322.45.
Ace Investor Rekha Jhunjhunwala holds a 12.49 percent stake in the company consisting of ~7.83 Crore equity shares. She made a fresh entry into the company in December 2015 by purchasing an 8.15 percent stake in the company consisting of 4.52 Crore equity shares.
Its Revenue from operations grew by 31 percent from Rs. 4,949.03 Crores in Q4FY23 to Rs. 6,484.88 Crores in Q4FY24, accompanied by profits of Rs. 202.97 Crores to Rs. 238.74 Crores.
Written by: Bharath K.S
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