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