 "infra, roads, highway, NHAI, construction")
Shares of infrastructure firms, mainly engaged in the business of roads and highways construction rallied up to 13 per cent on the BSE in Monday's intra-day trade after Finance Minister Nirmala Sitharaman announced a mega national highway project in poll-bound Tamil Nadu, West Bengal, Assam and Kerala.
The Finance Minister announced an allocation of Rs 1.18 trillion for the Ministry of Road Transport and Highways. FM said that this is the ‘highest ever’ allocation for the department. The states of Tamil Nadu, Kerala, West Bengal and Assam will get highways worth Rs 2.27 trillion in the next three years or so.
The
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