Construction and infrastructure companies are in for tough times ahead, with liquidity concerns having a cascading impact on their businesses.
Interaction with sector companies, analysts and rating firms brings out some near-term concerns for the sector.
Liquidity concerns
YD Murthy, Executive Vice-President Finance,NCC Ltd, said, “Faced with liquidity concerns and delayed payments, the next few months are going to be tough for infrastructure companies. The government, which is the biggest order giver, has been focussing on preventive measures against the coronavirus and rightly so.”
