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This Article is From Mar 03, 2021

Construction And Infra Sector Update - February 2020: Dolat Capital

Construction And Infra Sector Update - February 2020: Dolat Capital
Workers labor on reinforcing steel at a flyover construction site in Patna, Bihar.(Photographer: Anindito Mukherjee/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

New investments announced down by 21.9% YoY to Rs 857 billion (down 19.0% month-on-month) in February 2021, primarily due to fall in others/railways which was partially offset by rise in power/real estate.

Tenders issued decreased first time in four months by 30.7% YoY to Rs 453 billion in Feb-21 mainly led by railways/water segment.

Tenders published in year-to-date-21 increased 39.6% YoY to Rs 7,077 billion led by rise in road/mining/water.

Order awards down 7.2% YoY to Rs 226.5 billion due to decrease in orders mainly in railways/irrigation segment which was partially offset by hospital/power distribution.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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