Real Estate, Infra Q2 Earnings Preview - Healthy Performance Expected: ICICI Direct
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ICICI Direct Report
We expect strong revenue growth for construction companies on a YoY basis amid a benign base, driven by improved labour availability and despite a monsoon led seasonally muted quarter.
For real estate companies, sales volume is likely to recover sharply driven by favorable macro drivers, demand and new launches (in some cases).
Going ahead, festive season led new launches and its demand momentum will be key monitorables for residential real estate.
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