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Road construction companies

Discussion in 'Fundamental Analysis' started by bhat64, Sep 19, 2017.

  1. bhat64

    bhat64 Apprentice

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    Anyone tracking road construction companies? For investment Just began checking few of them like IRB, PNC infra and Dilip buildcon not concluded anything yet as I am still not well versed of this sector


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    bhat64, Sep 19, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    I avoid this sector because it is capex heavy and often very competitive as well with lot of Govt involvement that delays execution. It is better to let Govt invest in such projects and we are better off investing in consumer facing stocks. Just my justtification to avoid them. Technically they can be a good play when they are down and out but nothing beyond that.
     
    shabbir, Sep 19, 2017
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