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    5 smallcaps from infrastructure space with "Strong Buy" and "Buy" ratings can rise up to 42%

    Synopsis

    The government spending on infrastructure projects has remained at elevated levels for the last many years, this had a trickle down effect on many parts of the economy. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

    In the last eight years, one thing which has been constantly high is government spending on infrastructure projects. Even during covid, to give a push to the economy, higher allocation to infra spending was done. While the trickle down impact on steel and cement is well known, the bigger impact comes on companies which are in the construction and engineering sector. Even the small companies which get subcontract work for these infrastructure
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    The Economic Times