Infra-Road - Q2fy23 Result Preview: Execution Drives Growth
H2 (the second half of the year) is normally a strong period in terms of project execution along with bidding & awarding activity accelerating and...
405 Views
Ahluwalia Contract India Ltd - Soft Quarter; Robust Order Book to Drive Growth
Ahluwalia Contracts India Ltd (ACIL) reported mixed set of Q2FY23 numbers. The company reported revenue of Rs 623 Cr (down 11% YoY) and EBITDA of...
237 Views
Infra-Road - Robust Order Book, Outlook Positive
For road construction companies under our coverage, we expect revenue growth of 10% YoY, EBITDA to be flattish, and APAT to de-grow by 2% YoY...
273 Views
HSIE Results Daily: JK Cement, Apollo Tyres, Ahluwalia Contracts
JK Cement: We downgrade our rating on JK Cement (JKCE) with a revised TP of INR 2,475 (11.5x Mar-24E consolidated EBITDA) on expensive valuations
158 Views
Industrials (1QFY22 Results Preview): Loss in Momentum Due to Second Wave
We expect the bid momentum to pick up from here on. With central elections coming up in Q1FY25E, we expect strong ordering in FY22/23E. Q1FY22...
193 Views