ECONOMY

Real Estate And Infra Sector Q4 Earnings Preview – Strong Growth Across Segments: ICICI Direct

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.

In Q4 FY21, we expect strong revenue growth for construction companies driven by a benign base and pick-up in execution.

For real estate companies, key highlight will be continued robust residential sales volumes growth led by factors such as pent up demand, benign interest rates and measures such as a cut in stamp duty in Maharashtra.

On the leasing front, new leasing activity is likely to remain on the back burner with continued work from home scenario.

The hospitality and retail segment is likely to show a marked improvement in Q4, albeit the second wave of Covid-19 implies weakness may persist in the subsequent quarter.

On the execution front, we expect construction companies to witness robust growth.

Click on the attachment to read the full report:

ICICI Direct Infra RealEsate Q4FY21 Result Preview.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Most Related Links :
todaybiznews Governmental News Finance News

Source link

Back to top button