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