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Infra Stocks To Buy: Afcons, NCC, Ahluwalia, Power Mech Among ICICI Securities Picks On Sector Initiation
ICICI Securities initiates with a Buy on Afcons, NCC, Ahluwalia and Power Mech, Add on HG Infra and Ceigall, and Sell on KNR Constructions, here's why.
25 Mar 2025, 11:04 AM IST 
ICICI Securities likes companies with diversified EPC execution, presence in less competitive segments, high order book to bill ratio (to tide over near-term weakness in OI) and trading at reasonable valuations.
(Photo source: Unsplash)
ICICI Securities has used book to bill ratio, diversification, return on capital, working capital intensity and current valuation to arrive at its rating. The brokerage initiates with a Buy on Afcons, NCC, Ahluwalia and Power Mech, Add on HG Infra and Ceigall, and Sell on KNR.
