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This Article is From Nov 06, 2020

Anand Rathi: JMC Projects - Inflows Continue, BOT-Toll Refinancing Nearing Closure

Anand Rathi: JMC Projects - Inflows Continue, BOT-Toll Refinancing Nearing Closure
Construction work takes place on National Highway 1, in Amritsar. (Photographer: Pankaj Nangia/Bloomberg News)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

JMC Projects India Ltd.'s rapidly recovering execution efficiency and year-to-date sturdy order additions raise hopes of good growth momentum in times to come.

The order construct too is comforting with the gradually rising exposure to infrastructure orders (especially water), and access to some private-sector quality names.

In its build-operate-transfer-toll segment, the refinancing efforts are nearing closure.

Any success would not only support the consolidated financial situation, but also pave the way for monetisation efforts to gather pace.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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