Kets

The Economic Times - - Companies: Pursuit Of Profit Catch The Signal: Gea -

CMP: YTD Chg: P/E: (Trail­ing)

Con­sen­sus Rat­ing: Con­sen­sus Tar­get Price: “DBL con­tin­ues to win sig­nif­i­cant or­der in­flows in roads seg­ment and is sit­ting on a strong or­der book of ₹ 156 bn (bil­lion). The re­cent cabi­net clear­ance of the Bharat­mala pro­ject and cu­mu­la­tive in­vest­ments of ₹ 6.9 tril­lion in the roads seg­ment dur­ing FY18-22 (in­clud­ing in­vest­ments re­lated to Bharat­mala pro­ject) would sig­nif­i­cantly ben­e­fit large player like DBL,” said IIFL in a note. CMP: YTD Chg: P/E:

Con­sen­sus Rat­ing: Con­sen­sus Tar­get Price: Ko­tak In­sti­tu­tional Eq­ui­ties said Ashoka Build­con has been per­form­ing bet­ter than peers in terms of traffic growth. “Im­pend­ing sub­sti­tu­tion of SBI Mac­quarie (In­fra­struc­ture Fund) would ob­vi­ate the need to mon­e­tise the road port­fo­lio to pay off the ex­ist­ing in­vestor. Val­u­a­tions ap­pear at­trac­tive even at cur­rent price lev­els,” the bro­ker­age said. CMP: YTD Chg: P/E:

Con­sen­sus Rat­ing: Con­sen­sus Tar­get Price: ICICIdi­rect is bullish on NCC given the com­pany’s bet­ter fi­nan­cial lever­age com­pared to its peers, which would al­low it to cap­ture strong op­por­tu­ni­ties in the in­fra space go­ing ahead. The bro­ker­age has a ‘buy’ rat­ing on the stock with a tar­get price of ₹ 110. Do­lat Cap­i­tal has main­tained ‘ac­cu­mu­late’ rat­ing on the stock due to healthy rev­enue growth led by ro­bust or­der in­flow and fall in in­ter­est cost. CMP: YTD Chg: P/E:

Con­sen­sus Rat­ing: Con­sen­sus Tar­get Price: CMP: YTD Chg: P/E:

Con­sen­sus Rat­ing: Con­sen­sus Tar­get Price: An­a­lysts said that Sadb­hav Engi­neer­ing has gar­nered a large share of or­ders de­spite a weak macroe­co­nomic en­vi­ron­ment. “It is well placed to lever­age its good re­la­tion­ships with banks to par­tic­i­pate in in­cre­men­tal or­der­ing from NHAI. It is also well-placed to lever­age the im­prov­ing cash flow pro­file of its BOT (build-op­er­ate-trans­fer) port­fo­lio and likely mod­er­a­tion in its work­ing cap­i­tal to add fur­ther av­enues of growth,” said Ko­tak In­sti­tu­tional Eq­ui­ties in a re­port last week. KNR is also seen as a ben­e­fi­ciary of the Bharat­mala pro­ject. Ro­hit Natara­jan of IDBI Cap­i­tal Mar­kets has fore­casted KNR’s rev­enue to grow at a com­pounded an­nual growth rate of 14% in the next two fis­cal. “Even in­clud­ing the sys­temic risks, ad­just­ing for the ex­e­cu­tion cy­cle and mod­er­ated mar­gins, we think the risk-re­ward ra­tio is fa­vor­able,” said Natara­jan in a re­cent re­port.

870.15 280.98% 27.42 12 Buy/1 Hold/0 Sell 752.90 214.75 34.85% 73.37 20 Buy/0 Hold/0 Sell 238.20 107.55 28.49% 15.81 16 Buy/3 Hold/0 Sell 106.60 316.60 15.04% 39.24 26 Buy/2 Hold/0 Sell 344.10 249.20 47.89% 26.58 18 Buy/3 Hold/0 Sell 247.88

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