Infra-Road Q4 Results Preview- Better Execution, New Order Inflows Critical For Future Growth: Axis Securities

NDTV Profit’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 NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Axis Securities Report.We anticipate the pace of project awarding to gain momentum in FY25, as the shortfall in projects awarded in FY24 is expected to be compensated for. A robust pipeline of tenders is in place, which is projected to accelerate National Highway Authority of India's awarding pace. Many road projects under the central government's flagship program ‘Bharatmala Pariyojana’ for building highways and expressways are expected to gain momentum, leading to further improvement in road construction pace. Additionally, higher budgetary allocation for roads in the Interim Union Budget – 2024-25 will support the construction of more highways and expressways. Moreover, the National Infrastructure Pipeline, aimed at developing the overall infrastructure of the country, will also support road construction moving forward. Since the majority of these projects will be awarded under engineering, procurement and construction and hybrid annuity model models, road construction companies will be the major beneficiaries of the government's infrastructure spending. The road ministry is also looking to award many projects under the built-operate-transfer mode to reduce NHAI's debt burden. With a robust and diversified order book, a healthy bidding pipeline, and softening commodity prices, we maintain a positive outlook on the sector..Click on the attachment to read the full report:.Consumer Sector Q4 Results Preview - On The Course Of Volume Pickup: Motilal Oswal.DISCLAIMERThis report is authored by an external party. NDTV Profit 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 NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Infra-Road Q4 Results Preview- Better Execution, New Order Inflows Critical For Future Growth: Axis Securities

With a robust and diversified order book, a healthy bidding pipeline, and softening commodity prices, we maintain a positive outlook on the sector.

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