Best Infrastructure Stocks in India 2024

Infrastructure stocks refer to the shares of companies that are involved in the development and maintenance of essential public works and facilities. This includes power plants, roads, bridges, and telecommunications networks. These stocks are important as they play a crucial role in economic growth and facilitating the smooth functioning of various industries. The government has launched a $1.3 trillion national master plan for infrastructure, called Gati Shakti. This has boosted the overall performance of infrastructure stocks. In the last year, the Nifty50 index increased 21.21% and the Nifty Infrastructure Index gained 56.93%. Let’s explore some of the best infrastructure stocks in India listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in this blog. 

Infrastructure Stocks List on NSE and BSE

India believes that improving infrastructure is crucial for progress. This leads to an increase in the demand for investing in the best infrastructure stocks in India. The following is the breakdown of some of the best infra stocks in India, listed on NSE and BSE.

Disclaimer: The information provided on the above stocks is for informational purposes only. It is crucial to conduct thorough research before making any investment decisions regarding these stocks. We do not recommend trading any stocks without comprehensive research and professional financial advice. Always consult with a certified financial advisor to ensure informed and appropriate investment choices.

Overview of Best Infrastructure Stocks

The following is the overview of the above-mentioned infra stocks in India.

Adani Ports

Adani Ports and Special Economic Zone (APSEZ) is the largest commercial port in India. It handles around one-fourth of all cargo movement in the country with a strong presence at 13 domestic ports. The port facilities are modern and can accommodate large ships coming to India's shores.

Get more details about Adani Ports & Special Economic Zone Ltd share price today here.
Know the Adani Ports & Special Economic Zone Ltd share price history here.

Reliance Infrastructure Ltd

Reliance Infrastructure Ltd is a leading infrastructure company in India developing infrastructure projects through Special Purpose Vehicles (SPVs) in various sectors like Power, Transport, Metro Rail, and Defence. The company also has a significant presence in the utility sector, including generation, transmission, distribution, and power trading.

Get more details about Reliance Infrastructure Ltd share price today here. 
 Know the Reliance Infrastructure Ltd share price history here. 

HFCL Ltd

Himachal Futuristic Communications Limited (HFCL Limited) is a multifunctional telecommunications infrastructure provider. These include network design, system integration, manufacturing cutting-edge communications equipment, optical fibre, and optic fibre cable (OFC) manufacture and distribution.

Get more details about HFCL Ltd share price today here.
Know the HFCL Ltd share price history here. 

Dilip Buildcon Limited

Dilip Buildcon Limited is a large infrastructure company that started residential real estate business and later diversified into building petrol pumps and government projects. Its customers include the National Highways Authority of India, the Madhya Pradesh Road Development Corporation Ltd., and the Ministry of Road Transport and Highways.

  Get more details about Dilip Buildcon Limited share price today here. 
  Know the Dilip Buildcon Limited share price history here. 

Rites Limited

Rites Limited is a multidisciplinary consultancy firm owned by the Indian government. It offers services in transport, infrastructure, and related technologies.  Its covers various sectors like highways, railways, metros, urban engineering, sustainability, ports, airports, ropeways, inland waterways, etc. 

Get more details about Rites Limited share price today here.
Know the Rites Limited share price history here. 

GMR Airport Infrastructure Ltd

GMR infrastructure focuses on developing, maintaining, and operating airports, power generation, coal mining, highway development, and operation of key economic zones. The company is also involved in construction activities like engineering, procurement, and construction (EPC) contracting.

     Get more details about GMR Airports Infrastructure share price today here.
      Know the GMR Airports Infrastructure share price history here. 

Techno Electric Engineering Company

Techno Electric and Engineering Company Limited (TEECL) is engaged in the production of various products involved in the electrical industry. It has expertise in both light construction and heavy engineering segments of the power sector.

    Get more details about Techno Electric Engineering Co Ltd share price today here.
     Know the Techno Electric Engineering Co Ltd share price history here. 

G R Infraproject Stocks

G R Infraprojects Ltd. is an engineering, procurement, and construction (EPC) company with a focus on roads. Established in 1995, the organization has a successful track record and specializes in planning road and highway projects across 15 Indian states. 

Get more details about G R Infraprojects Ltd share price today here
Know the G R Infraprojects Ltd share price history here. 

What does Infrastructure Mean?

Infrastructure refers to the basic systems and facilities that are essential for a country, region, or community to function properly. These systems enable various activities and services. Infrastructure systems are usually large-scale and demand significant investment to build and maintain. Governments, private companies, or a combination of both may fund and manage these projects because they are crucial for a country's economic development and the overall quality of life for its citizens.

Some examples of infrastructure include the following

• Transportation systems like roads, bridges, railways, airports, and ports. These help in the movement of people and goods.
• Communication networks such as telephone lines, internet cables, and broadcasting systems. These help people to communicate and share information.
• Utilities like water supply, sewage treatment plants, and electricity grids. These provide basic amenities for households and businesses.
• Public services like schools, hospitals, and public spaces. These support education, healthcare, and community well-being.

Future of Infrastructure Sector in India

The Indian government is putting a lot of effort into improving the country's infrastructure. It has set aside a big part of the budget, which is 3.3% of the GDP, for infrastructure development in the year 2024. The main focus is on transportation and logistics, like building more roads, highways, railways, public transport in cities, airports, and waterways. The government has made some ambitious plans, such as building a 2 lakh-km national highway network by 2025, increasing the number of airports to 220, and making 23 waterways operational by 2030.

The government is also encouraging partnerships with private companies. These public-private partnerships (PPPs) are very important because they bring in much-needed money, new ideas, and efficient ways of working. PPPs help to fill the gap in funding, create competition, and promote the use of new technologies and best practices in carrying out projects. The future of the infrastructure sector in India looks bright, with the government's strong commitment, ambitious goals, and support for private partnerships. 

Types of Infrastructure Systems in India

India has developed a good network of infrastructure systems to support its growing economy and meet the needs of its increasing population. These systems are categorised into the following.

1. Energy Infrastructure

This includes power generation plants such as thermal, hydro, nuclear, and renewable sources. This further helps in producing electricity. It is an extensive network of transmission lines and distribution systems that supply power across the nation.

2. Rural Infrastructure

This category focuses on rural well-being and development. The rural road networks connect remote villages. This leads to improving accessibility and mobility. Additionally, it focuses on the agricultural sector.  This includes irrigation systems, storage facilities, and market yards, which support the farming sector.

3. Urban Infrastructure

This category aims to improve urban living through technology-driven solutions. Additionally, it includes water supply systems and sanitation facilities that ensure access to clean water and proper waste management.

4. Industrial Infrastructure

It includes industrial parks and special economic zones to attract investments and support manufacturing operations. Ports along the coastline facilitate international trade and maritime activities.

5. Transportation Infrastructure

This includes roads and highways. This connects cities, towns, and villages which ultimately enables the movement of goods and people. Additionally, the commendable railway network efficiently transports passengers across the country. Airports allow domestic and international air travel.

Conclusion
Investing in infrastructure stocks in India can be a good opportunity. The Indian government is heavily focused on improving the country's infrastructure like roads, railways, airports, and utilities. However, one should be aware of the risks this sector carries and invest accordingly. They have set aside a large part of the budget for infrastructure development. The government is also encouraging partnerships with private companies to bring in funding, expertise, and better project execution. To invest in the best infrastructure stocks in India, one is suggested to use a safe and efficient online stock trading app.