Net Sales are expected to increase by 9.6 percent Y-o-Y (down 14.8 percent Q-o-Q) to Rs. 610 crore, according to Reliance Securities.
Net Sales are expected to increase by 17.8 percent Y-o-Y (down 18 percent Q-o-Q) to Rs. 2,780 crore, according to Reliance Securities.
Net Sales are expected to increase by 19.4 percent Y-o-Y (down 18 percent Q-o-Q) to Rs. 1,950 crore, according to Reliance Securities.
Net Sales are expected to increase by 18.8 percent Y-o-Y (down 7.8 percent Q-o-Q) to Rs. 535 crore, according to Reliance Securities.
However, choked up infrastructure development will pose a major challenge. Slow growth and weak consumption also add to it.
InvITs are instruments on the pattern of mutual funds and are designed to pool small sums of money from a number of investors to invest in assets that give cash flow over a period of time.
If India wants to avoid a repeat of the NPA cycle every decade or so, stricter penalties should be introduced.
In the Budget speech, the finance minister stressed on continuous investment in construction of highways and flagship programmes such as Bharatmala and Sagarmala projects
The Bharatmala Pariyojana is an umbrella programme, comprising about 65,000 km of Highways.
With private capex subdued, government emerged as the biggest spender on infrastructure over last several years.
The Economic Survey for 2018-19 asserts that India needs to spend 7-8 per cent of its GDP on infrastructure annually, which translates into annual infrastructure investment of US$200 billion currently
ICRA expects the government to make an announcement on equity raising plans/or launch of the NHAI InvIT to fund the ambitious Bharatmala programme
The project’s revised cost committee approved the updated amount and has sent the same to the Ministry which is expected to also approve it soon.
Although the fiscal space is not great, some announcements could help rekindle interest in the economic growth from the private sector, feels Sunil Subramaniam, CEO of Sundaram MF.
Sakshi Batra does a 3 Point Analysis of the measures that the government can take, related to the infrastructure sector.
A key expectation from the Budget is for the government to increase capital infusion in the public sector banks to strengthen their balance sheets, which in turn will allow them to increase their credit outreach.
The market expects that the Union Budget will revive the tax-free infrastructure bonds schemes. Given the status of the economy, it is important that the financing options other than from the government should be encouraged.
Moneycontrol's Jerome Anthony does a 3 Point Analysis of the company's current position
Making PM-KISAN universal will solve the identification problem to an extent and make its implementation easier.
With this kind of order book and execution improving, the earnings trajectory could take off in coming quarters.
A construction boom will drive the creation of unskilled and low skill jobs.
The average time overrun in 384 delayed projects is 44.78 months.
New Delhi made a commitment in the Paris Agreement of 2015 to reduce the carbon emissions intensity of India's economy by one-third, and aims to more than double the share gas has in its energy mix to 15 percent by 2030, from 6.2 percent now.
Improved capacity utilisation…provides a lead indication of a “reinvigoration of investment activity,” says RBI staff paper.