Infra Sector Check - Upbeat Ending To FY21; In FY22, Second Covid-19-Wave To Set The Course: Anand Rathi
A construction crane is reflected in glass windows. (Photographer: Simon Dawson/Bloomberg)

Infra Sector Check - Upbeat Ending To FY21; In FY22, Second Covid-19-Wave To Set The Course: Anand Rathi

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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, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

Key and timely policy support and the continuing focus on tendering and awarding are well-appreciated efforts of the government.

They not only helped industry participants better manage the uncertain times in FY21 but also ensued that infrastructure development remained the key focus.

With execution efficiencies largely back from the initial Covid-19 wave and sturdy order books awaiting execution, the sector seemed set for strong growth ahead.

The recent surge in Covid-19 cases, though, (and consequent restrictions to contain the spread) appear to have potential to, if not disrupt, then delay the scale-up.

Nevertheless, the disruption, owing to efforts underway, is unlikely to be of the magnitude last time.

Click on the attachment to read the full report:

Anand Rathi Infrastructure Sector Update.pdf

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