₹30,000 crore boost for NIIF likely to benefit these stocks

Shares of infrastructure and capital goods companies such as Larsen & Toubro (L&T), KEC International, NCC and Genus Power Infrastructures are expected to be in focus on Tuesday, June 30, after the Union Cabinet approved an additional investment commitment of ₹30,000 crore to the National Investment and Infrastructure Fund (NIIF).With the latest approval, the Government of India’s total commitment to NIIF has doubled to ₹60,000 crore.

The fresh capital is expected to support NIIF Infrastructure Fund II, which will invest across key sectors including transportation, energy and digital infrastructure. The fund will also target emerging segments such as urban infrastructure and electric mobility.
NIIF is India’s sovereign-backed infrastructure investment platform and is managed by National Investment and Infrastructure Fund Ltd. (NIIFL).The Government of India holds a 49% stake in the fund, while the remaining capital has been mobilised from global and domestic institutional investors.

The platform currently manages assets worth around ₹40,000 crore, with investments backed by sovereign wealth funds, pension funds, multilateral institutions and domestic financial institutions.

The Cabinet’s latest commitment is aimed at accelerating infrastructure financing and attracting additional long-term institutional capital into the sector.