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Construction

NDA 2.0 has big plans for the roads sector. Can Dilip Buildcon, Sadhbav Engineering keep their pole position?

In its second term, the NDA plans to make 60,000km of national highways. But the leaders of the last lap seem to be facing the ‘winner’s curse’. While order books have seen a sharp rise over the last two years, companies paid a high price for it in the form of pledged promoter shares and ballooning debt.
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priyanka
31 May 2019 6 Mins Read 0 comment
Repair work on the massive gap between two girders of the Lajpat Nagar flyover in New Delhi Getty Images
Repair work on the massive gap between two girders of the Lajpat Nagar flyover in New Delhi
Narendra Modi-led NDA’s return to power with a historic mandate has brought cheer to the construction sector. With the BJP in its manifesto promising to double the length of national highways over the next five years, road builders are eagerly waiting for new tenders. The last four years have been phenomenal for companies in the roads sector, with the
Bhopal-based company has forecast a more moderate growth rate of 15%-20% for FY20. The next few years will be as busy as the last few for the roads sector. But if construction companies don’t want to miss the bus, they must quickly clean up their books and get ready for the next round. ( Graphics by Abdul Shafiq)
Narendra Modi-led NDA’s return to power with a historic mandate has brought cheer to the construction sector. With the BJP in its manifesto promising to double the length of national highways over the next five years, road builders are eagerly waiting for new tenders. The last four years have been phenomenal for companies in the roads sector, with the Bhopal-based company has forecast a more moderate growth rate of 15%-20% for FY20. The next few years will be as busy as the last few for the roads sector. But if construction companies don’t want to miss the bus, they must quickly clean up their books and get ready for the next round. ( Graphics by Abdul Shafiq)

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