J Kumar - An Important Player To Ride On Indian Urban Infra Landscape: Axis Securities Initiates Coverage

Initiates coverage on J Kumar Infra with a 'Buy' recommendation and a target price of Rs 800/share, implying an upside of 25% from the current market price.

(Photo source: J Kumar Infraprojects website)

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Axis Securities Report

We initiate coverage on J Kumar Infraprojects Ltd. with a 'Buy' recommendation and a target price of Rs 800/share, implying an upside of 25% from the current market price.

We believe J Kumar, with its substantial order book, formidable market position, experienced management team, and sound financial standing, is poised to capitalize on the long-term structural changes in the infrastructure sector.

These changes are being driven by the government's emphasis on infrastructure development and the emergence of new opportunities in the construction space.

Click on the attachment to read the full report:

Axis Securities J Kumar Infraprojects Initiating Coverage.pdf
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