External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

HG Infra Engineering Ltd / Equity Bottom-Up

<ul><li>As on 31st Dec’22,the company’s orderbook stands healthy at Rs 11,064 Cr, comprising 61% from the EPC road projects and the balance 39% from the HAM road projects.</li><li>60% of the total projects are from the Government of India and the balance 40% is from the Private sector, implying revenue visibility for the next 2-3 years.</li><li>We expect the company to post revenue growth of 29% CAGR over FY21- FY24E.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

As on 31st Dec’22,the company’s orderbook stands healthy at Rs 11,064 Cr, comprising 61% from the EPC road projects and the balance 39% from the HAM road projects.60% of the total projects are from the Government of India and the balance 40% is from the Private sector, implying revenue visibility for the next 2-3 years.We expect the company to post revenue growth of 29% CAGR over FY21- FY24E.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

HG Infra Engineering Ltd - Growth Momentum to Continue; Retain BUY