5 Best Construction Stocks to buy in 2024

Published : 19 June 2024

NBCC (India)

The company, also known as the National Buildings Construction Corporation undertakes civil construction projects. Its shares are trading at around Rs. 155 at present with ROCE and ROE of 27.57% and 18.04% while the OPM is noted at 7.11%.

Ircon International

Also, known as Indian Railway Construction International Limited, it is a government entity providing engineering & construction services. It is currently trading at around Rs. 265 with an ROCE of 13.20% and an ROE of 15.83%. Its OPM is 11.05%.

G R Infraprojects

It is one of the fastest-growing companies in this sector. The company’s share is trading at around Rs. 1680. It has ROCE and ROE of 14.39% and 27.48% respectively. While the OPM was 14.33%.

KEC International

The company is a leading infrastructure EPC (Engineering, Procurement & Construction). It is currently trading around Rs. 895 with an ROCE of 23.92% and an ROE of 8.46%.  Its OPM is around 5.43%.

Larsen & Toubro

The company is one of the largest and most renowned companies providing solutions related to tech and engineering, construction, and manufacturing. It is currently trading at around Rs. 3625 with an ROCE of 14.70% and an ROE of 15.12%.  Its OPM is 10.84%.