Afcons Infrastructure IPO - Decent Upside from the Price Range

478 Views23 Oct 2024 14:30
Afcons Infrastructure Limited (6595396Z IN) is looking to raise around US$650m in its India IPO. In this note, we look at the updates since, and discuss valuation.
What is covered in the Full Insight:
  • Introduction to Afcons Infrastructure IPO
  • Financial Performance and Orderbook Growth
  • Challenges with Trade Receivables
  • Peer Comparison
  • Valuation and Investment Outlook
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