Infrastructure Developers & Operators
Infra - Construction & Contracting
from 523 today
We maintain our BUY recommendation on the stock, supported by a strong order book, robust inflow traction, and balance sheet deleveraging. We value its EPC business at 4x FY28E EPS and HAM/Energy portfolio at 1x/0.8x book value to arrive at a target price of Rs 665/share.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
