Sadbhav Infrastructure Project is the only stock from the roads sector that has held firm since the year began. The stock has gained 3% year-to-date, as against the 30% and 9% drop seen by the controversy-hit Ashoka Buildcon and IRB Infra, respectively. Sadbhav has nine operational projects and four others in various stages of implementation. It recently won two NHAI road projects, one in UP and the other in Uttarakhand. Not surprising, then, that Vishnubhai M Patel, chairman of Sadbhav Group, mopped up 43,264 shares of the company at an average price of Rs.96.08 through multiple tranches from the open market. Post the share purchase, Vishnubhai’s personal stake has gone up to 0.34%. As on December 2015, parent company Sadbhav Engineering, in which Vishnubhai is the majority shareholder, holds 68.35% in Sadbhav Infra. For Q4FY16, the company announced that toll revenue from its eight operational special purpose vehicles rose 30% to Rs.202 crore and that it expects over Rs.1,700 crore in toll revenue in FY17. Going ahead, analysts expect the road operator to be a prime beneficiary of higher GDP, improving traffic and lower interest rates.