Brokerages upbeat on EPC stocks post budget
Brokerages upbeat on EPC stocks post budget Brokerages upbeat on EPC stocks post budgetPremium 2 min read Share Via Read Full Story Mumbai: The increases in budgetary allocations for the infrastructure sector, including roads, railways, water supply programmes and healthcare, bodes well for engineering-procurement-construction (EPC) companies operating in these segments. Faster payments settlements from central agencies such as the national highways developer, improvement in project execution rates and a now-reliant inflow of government projects have also led to a re-rating of equity ...
Source: livemint.com