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.
Nirmal Bang Report
We believe that the construction sector stocks are set to outperform as earnings growth is set to pick up with increased execution coupled with reduction in working capital.
Strong orderbook, controlled working capital, ability to recycle capital through sale of assets and positive regulatory changes in the sector all bode well for these companies.
In this note, we look at various regulatory changes initiated by the National Highways Authority of India and its impact on the construction companies.
We have a positive view on the sector with ‘Buy’ rating on all the stocks under our coverage.
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 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.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR