Dolat Capital: Construction And Infra Sector Monthly Update - October 2020

New investments in India fell 45.1% year-on-year and 27.4% sequentially to Rs 676 billion in October 2020.

Cranes erected at an under-construction residential apartment complex at night (Photographer Akos Stiller/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 down by 45.1% YoY to Rs 676 billion (down 27.4% month-on-month) in October 2020, primarily due to fall in water/others which was partially offset by rise in manufacturing.

New investments announced in YTD21 decreased by 49.3% YoY to Rs 3,894 billion owing to the fall in others/power/real estate/railways which was partially offset by rise in irrigation.

Manufacturing segment saw a major portion of new investments with 26.4% share followed by water/road at 17.1%/15.2% in October 2020.

Click on the attachment to read the full report:

Dolat Capital Construction and Infra Monthy Update October 2020.pdf
Read Document

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 brokerage 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.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES