Road developers in the dock as slow economy, liquidity crunch take a toll
New Delhi, Aug. 19 -- Weak order flows, the general election, slow execution and a liquidity crunch have landed infrastructure stocks in the dock. Their June quarter performances, too, disappointed investors. Shares of leading road developers, such as Sadbhav Engineering Ltd, Madhucon Projects Ltd, IRB Infrastructure Developers Ltd, Ashoka Buildcon Ltd, Dilip Buildcon Ltd and Sadbhav Infrastructure Project Ltd, have slid more than 25% since April....
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