Infra-Road: Q1FY24 Review
During the quarter, companies under our coverage reported Revenue/APAT growth of 3%/7%. EBITDA growth was flattish against our expectation of 4%/1%...
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HSIE Results Daily: JK Cement, Vinati Organics, KNR Constructions, Ahluwalia Contracts
We maintain our REDUCE rating on JK Cement (JKCE), with an unchanged TP of INR 2,755 (11x Mar-25E consolidated EBITDA). In Q1FY24, JKCE reported...
399 Views
KNR Constructions Ltd - Slower Order Wins & Irrigation Project Execution A Concern
KNR Constructions Ltd. (KNRCL) reported revenue of Rs 930 Cr (up 4% YoY), EBITDA of Rs 173 Cr (up 5% YoY), and APAT of Rs 110 Cr (up 9% YoY).
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INFRA-ROAD Q1FY24 - Earnings Preview
Our preferred picks in the sector: PNC Infratech, HG Infra; KNR Construction. We expect road construction companies under our coverage to report...
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Top Sector Ideas - Infra-Road Sector
During the quarter, companies under our coverage reported Revenue/EBITDA/APAT growth of 9%/3%/8% against expectation of 9%/5%/6% YoY backed by...
301 Views