NCC, formerly known as Nagarjuna Construction Company should benefit after the government approved a mega plan to build 83,677 km of highways over the next five years. The company has revenue visibility in the coming quarters due to strong order book and, if sources are to be believed, the company is expected to bag big orders in the coming quarters. The company has improved its credit profit significantly in the last couple of years and it is working on measures to reduce its debt further. Hence, this stock presents a good opportunity to make good money in the short-term.
NCC BSE Code: 500294 CMP: ₹108