HG Infra Q3 Results Review: IDBI Capital Maintain 'Buy' Rating On The Stock, Revises Target Price — Here's Why

Recent development and fund allocation of Rs 11.2 trillion towards infra and construction will drive growth of the HG Infra. Stock catalysts remains strong execution and stable order inflow..NDTV Profit’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 NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..IDBI Capital Report.HG Infra Engineering Ltd. Q3 FY25 PAT came in line with consensus estimates. Revenue increased by +12% YoY and Ebitda margin was stable at ~16.6% versus 15.9% YoY. Order book stood at Rs 151 billion (2.5 times trailing twelve months revenue) and company has guided order inflow of Rs 110-120 billion for FY25 in roads, railway, solar segments. HG is also venturing further more in Solar & Water projects and will bid for larger portfolio going ahead. We maintain Buy rating on the stock with revised target price at Rs 1,463 value at 12 times FY27E EPS. Recent development and fund allocation of Rs 11.2 trillion towards infra and construction will drive growth of the company. Stock catalysts remains strong execution and stable order inflow..Click on the attachment to read the full report:.NCC Q3 Results Review: IDBI Capital Downgrades Rating To 'Hold', Revises Target Price — Here's Why.DISCLAIMERThis report is authored by an external party. NDTV Profit 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 author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

HG Infra Q3 Results Review: IDBI Capital Maintain 'Buy' Rating On The Stock, Revises Target Price — Here's Why

IDBI Capital maintains Buy rating on the stock with revised target price at Rs 1,463 value at 12 times FY27E EPS.

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HG Infra Q3 Results Review: IDBI Capital Maintain 'Buy' Rating On The Stock, Revises Target Price — Here's Why

IDBI Capital maintains Buy rating on the stock with revised target price at Rs 1,463 value at 12 times FY27E EPS.

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