Construction And Infra Sector Monthly Update: Dolat Capital
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Dolat Capital Report
New investments announced up by 300.1% YoY to Rs 811 billion (down 53.8% month-on-month) in April 2021, primarily due to increase in manufacturing, real estate, water which was partially offset by fall in power distribution.
Tenders issued decreased 21.9% YoY to Rs 517 billion in April 2021 led by irrigation, water, real estate.
Tenders published in FY21 increased 44.7% YoY to Rs 7,998 billion led by rise in roads, mining, water.
Order awards up 61.8% YoY to Rs 182 billion led by increase in orders mainly in road, others segment which was partially offset by power and railways.
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