Infra-Road Q4FY23 Earnings Preview
We expect road construction companies under our coverage to report Revenue/EBITDA/APAT growth of 21%/22%/26% QoQ and 9%/5%/6% YoY
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Pick of the Week - Ahluwalia Contracts India Ltd
ACIL is an Engineering & Construction company engaged in delivering state-of-the-art infrastructure and building projects for clients in India.
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HSIE Results Daily: Siemens, Eicher Motors, Bharat Forge, Torrent Power
Siemens: Siemens India Ltd (SIL) delivered robust Q1FY23 revenue/EBITDA/APAT of INR 36.5/5.5/4.4bn, beating our estimate by 0/32/43%
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Ahluwalia Contracts India Ltd - Robust Order Book To Drive Growth; Maintain BUY
Total order inflow to date in FY23 stood at Rs 4,018 Cr and the company is L1 in projects worth Rs 663 Cr which are expected to be awarded soon.
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Industrials (Q3FY23 Results Preview): All set for a robust Q3FY23
In Q3FY23, the NHAI awarded 19 projects, of which nine were HAM projects worth INR 70.3bn and ten were EPC projects worth INR 97.1bn
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