Anand Rathi: Infrastructure Sector Q1FY21 Review - The Going, Not As Bad
Cranes operate at a construction site at the Pragati Maidan exhibition grounds in New Delhi, India (Photographer Anindito Mukherjee/Bloomberg)

Anand Rathi: Infrastructure Sector Q1FY21 Review - The Going, Not As Bad

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

The unprecedented disruption in the form of Covid-19 has come as the real test for the infrastructure sector at large.

Though the impact is extensive, if Q1 FY21 is anything to go by some of the names were quick to react to the challenge, and ensured the impact was minimised to the extent possible.

Besides, most seek to turn more agile, resilient to disruption and maintain momentum in the post-Covid-19 era.

We see these efforts to find support from the sector becoming a focus area for policy-makers as a means to create employment opportunities and support economic recovery.

Consequently, we retain our long-term constructive view, but at the same time prefer select names.

With this, we present to you Q1 FY21 review and recent tendering/awarding trends.

Click on the attachment to read the full report:

Anand Rathi Indrastructure Sector Outlook .pdf

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.

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