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Valuations Yet To Capture Business Revival Of Construction Firms
The government’s infrastructure push has helped improve the financials of most construction companies.
20 Jun 2019, 12:08 PM IST
Construction companies improved their financials over the last five years as they bagged more orders, aided by the government’s push for infrastructure and affordable housing.The operating performance of eight out of 10 companies that BloombergQuint analysed improved during the period compared with the five years through March 2014. While execution of orders led to a rise in operating income, focus on working capital improved their d...
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