Construction Mirror Article detail

Before the general elections of 2024, there are many states which will be going for elections. Historically, in an election year, two things happen: one state government tends to push for completion of infrastructure projects so that they may showcase that as their achievements. Second, more money gets pumped into the system. This will have a trickle-down effect on many parts of the economy especially companies in contracting and construction. Stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or “strong buy” or a “hold”.

While it might sound strange to some, state governments tend to become most efficient just before state elections are to be held in their state. Right from announcing projects to clearing files and clearing pending payments. All of this picks pace as the election comes closer. This essentially is done to push for the completion of infrastructure projects so that they may showcase that as their achievements. Completion of infrastructure projects so that they may showcase that as their achievements.