Amidst demonetisation driving significant demand contraction in consumer discretionary sectors, public sector contracting can be a \u2018safe haven\u2019. Subsequent push on infra spending, subject to ability to spend, can be a positive as well.\u00a0For Larsen & Toubro, the impact is limited to temporary disruption in near term and slower execution of real estate contracts. We estimate L&T has about Rs 350 bn backlog from real estate (including residential, commercial, etc.). Revenue line contribution impact of this slower execution may be about 2-4% of EPC revenue.<\/p>\n
Private sector investment may be marginally negative for industrial companies. Amongst asset owners, regulated utilities remain safest. The impact on ports is likely to be modest, but roads can have a significant impact from weaker domestic demand.<\/p>\n
Read more: Financial Express<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Amidst demonetisation driving significant demand contraction in consumer discretionary sectors, public sector contracting can be a \u2018safe haven\u2019. Subsequent push on infra spending, subject to ability to spend, can be a positive as well.\u00a0For Larsen & Toubro, the impact is limited to temporary disruption in near term and slower execution of real estate contracts. We\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,13,11],"tags":[146],"class_list":["post-894","post","type-post","status-publish","format-standard","hentry","category-city","category-companies","category-others","tag-demonetisation"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=894"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/894\/revisions"}],"predecessor-version":[{"id":895,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/894\/revisions\/895"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}