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Anand Rathi Report
The returning execution efficiency/profitability notwithstanding, the yet continuing impact of the Covid-19 triggered disruption is a manifestation of realigned priorities, and cost checks put in place.
The continuing healthy awarding, recent additional relief measures under Atmanirbhar Bharat 3.0 and steps taken to make the hybrid annuity model more conducive indicate that policy-makers retain focus on the sector and are quick to facilitate and address any disruptions.
These efforts are appreciated and augur well for better times ahead. Consequently, we retain our long-term constructive view but still chose to remain selective.
With this, we present our Q2 FY21 review and recent tendering/awarding trends.
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