Challenges persist for highways and irrigation stocks due to the delay in government contracts and fiscal deficit limitations.
KNR Constructions, a road construction and irrigation projects player, presents an investment opportunity at ₹235 per share.
The company boasts a healthy order-book, steady execution record, and a strong financial position.
Despite revenue challenges and payment delays, KNR Constructions is optimistic about future prospects with a substantial order-book and ongoing projects.