Infra Boom: Kalpataru Projects Leads 'Conviction Buys'

Investors seeking strong fundamental picks are advised to consider four small-cap stocks projected to offer up to 30% potential upside. Three of these recommended stocks operate within the infrastructure sector, with Axis Securities identifying them as "conviction buys." This strategic focus aims to capitalize on growth opportunities within the infra space.

Kalpataru Projects is particularly noted as a conviction buy due to its robust fundamentals and an impressive order book of Rs 63,287 crore as of December 31, 2025. The company secured new orders totaling Rs 19,546 crore, and management anticipates exceeding Rs 25,000 crore in full-year order inflows. Growth is expected to be significantly propelled by its Transmission & Distribution and Buildings & Factories businesses.