Religare Institutional Research believes that while the outlook remains positive, a ground-level pick-up is still awaited for infrastructure sector.
''Based on the commentary from various managements, H2FY15 should see order inflow traction in the power transmission, transportation infrastructure and water segments,'' said Religare.
''The prospects for a pick-up in sales of short-cycle industrial goods like engines, pumps and compressors, are healthier compared to long-cycle businesses. A recovery in long-cycle businesses is contingent on reforms across the infrastructure sector,'' it opined.
Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.