183.0900 -1.96 (-1.06%)
NSE Aug 21, 2025 15:31 PM
Volume: 566.2K
 

183.09
-1.06%
HDFC Securities
We maintain BUY on ASBL with increased TP of Rs 223/share (vs. Rs 210/sh earlier). Following a weak 1QFY19, ABL came back strongly with a 102% revenue growth YoY at Rs 7.6bn (42% ahead of estimates). Construction revenue came in at Rs 7.1bn, sale of goods at Rs 0.4bn and BOT at Rs 0.1bn. Blended EBITDA margins: 13.6% (+155bps YoY, +314bps QoQ, +150bps beat).
Number of FII/FPI investors increased from 135 to 146 in Jun 2025 qtr.
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