|
23 Sep 2025 |
G R Infraprojects
|
Consensus Share Price Target
|
1291.00 |
1481.17 |
- |
14.73 |
buy
|
|
|
|
|
15 Sep 2025
|
G R Infraprojects
|
Axis Direct
|
1291.00
|
1540.00
|
1299.60
(-0.66%)
|
19.29 |
Buy
|
|
|
We value GR Infraprojects at a Target Price of Rs 1,540 per share, implying an upside of 21% from the CMP, and reiterate our BUY recommendation.
|
|
05 Aug 2025
|
G R Infraprojects
|
ICICI Securities Limited
|
1291.00
|
1430.00
|
1250.40
(3.25%)
|
10.77 |
Buy
|
|
|
GR Infra reported a steady quarter in Q1FY26 with revenue at INR 18bn (-4% YoY), EBITDA at INR 2.3bn (-6% YoY) and margin at 12.7% (-35bps YoY). Adj. PAT stood at INR 2.1bn (+7% YoY).
|
|
05 Aug 2025
|
G R Infraprojects
|
Axis Direct
|
1291.00
|
1540.00
|
1250.40
(3.25%)
|
19.29 |
Buy
|
|
|
We maintain our BUY rating on the company.
|
|
18 May 2025
|
G R Infraprojects
|
ICICI Securities Limited
|
1291.00
|
1420.00
|
1207.90
(6.88%)
|
Target met |
Buy
|
|
|
GR Infra continues to tread water on order inflow front, with total OI of INR 140bn in FY25 & FY24 combined - matching FY23’s tally as the ordering in roads remained subdued.
|
|
28 Apr 2025
|
G R Infraprojects
|
Axis Direct
|
1291.00
|
1166.00
|
1075.60
(20.03%)
|
Target met |
Buy
|
|
|
We recommend a BUY on the stock for a target price of Rs 1,166/ share implying an upside of 10% from CMP.
|
|
04 Feb 2025
|
G R Infraprojects
|
Axis Direct
|
1291.00
|
1430.00
|
1214.95
(6.26%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the company.
|
|
03 Feb 2025
|
G R Infraprojects
|
Motilal Oswal
|
1291.00
|
1410.00
|
1211.25
(6.58%)
|
Target met |
Buy
|
|
|
G R Infraprojects (GRINFRA)’s revenue declined 17% YoY to ~INR15b during 3QFY25 (11% below our estimate). GRINFRA faced a slowdown in project execution during 3Q primarily due to fewer projects under execution.
|
|
11 Nov 2024
|
G R Infraprojects
|
Axis Direct
|
1291.00
|
1760.00
|
1641.15
(-21.34%)
|
36.33 |
Buy
|
|
|
We maintain our BUY rating on the company.
|
|
08 Nov 2024
|
G R Infraprojects
|
Motilal Oswal
|
1291.00
|
1830.00
|
1600.35
(-19.33%)
|
41.75 |
Buy
|
|
|
G R Infraprojects (GRINFRA)’s revenue declined 28% YoY to ~INR11.3b during 2QFY25 (vs. our estimate of INR16.8b).
|
|
08 Aug 2024
|
G R Infraprojects
|
Keynote Capitals Ltd
|
1291.00
|
1334.00
|
1613.55
(-19.99%)
|
Target met |
Sell
|
|
|
Quarterly Update Q1FY25
|
|
06 Aug 2024
|
G R Infraprojects
|
Axis Direct
|
1291.00
|
1820.00
|
1598.35
(-19.23%)
|
|
Buy
|
|
|
We maintain our BUY rating on the company
|
|
06 Aug 2024
|
G R Infraprojects
|
ICICI Securities Limited
|
1291.00
|
1875.00
|
1598.35
(-19.23%)
|
|
Buy
|
|
|
GR Infraprojects (GR Infra) has reported subdued Q1FY25 earnings on account of decline in orderbook and delay in allotment of the appointing date for seven projects.
|
|
05 Aug 2024
|
G R Infraprojects
|
Motilal Oswal
|
1291.00
|
1910.00
|
1639.10
(-21.24%)
|
|
Buy
|
|
|
G R Infraprojects (GRINFRA)’s revenue was down 12% YoY to ~INR18.9b in 1QFY25 (in line). EBITDA margin was 13% (-160bp YoY) vs. our estimate of 13.7%.
|
|
31 May 2024
|
G R Infraprojects
|
Keynote Capitals Ltd
|
1291.00
|
1483.00
|
1611.10
(-19.87%)
|
Target met |
Sell
|
|
|
Quarterly Update Q4FY24
|
|
31 May 2024
|
G R Infraprojects
|
Axis Direct
|
1291.00
|
1720.00
|
1611.10
(-19.87%)
|
Target met |
Buy
|
|
|
We change our rating from HOLD to BUY on the stock on the back of healthy monetization of HAM assets and better growth prospect in FY26E.
|
|
14 Feb 2024
|
G R Infraprojects
|
Axis Direct
|
1291.00
|
1255.00
|
1189.20
(8.56%)
|
Target met |
Hold
|
|
|
We maintain our HOLD rating on the stock and roll over our estimates to FY26.
|
|
13 Feb 2024
|
G R Infraprojects
|
Keynote Capitals Ltd
|
1291.00
|
1163.00
|
1203.45
(7.27%)
|
Target met |
Sell
|
|
|
Quarterly Update Q3FY24
|
|
07 Dec 2023
|
G R Infraprojects
|
Axis Direct
|
1291.00
|
1210.00
|
1225.55
(5.34%)
|
Target met |
Hold
|
|
|
Asian Markets are trading mixed as Japan's third-quarter GDP was revised downward in a surprise move, while investors also awaited India's central bank rate decision. Shanghai is trading higher by 0.28% while Nikkei and Hang Seng are trading lower by 1.70% and 0.36% respectively.
|
|
07 Dec 2023
|
G R Infraprojects
|
Axis Direct
|
1291.00
|
1210.00
|
1225.55
(5.34%)
|
Target met |
Hold
|
|
|
We value the company at 10.5x FY25E EPS and HAM assets at 1x book value and maintain our HOLD rating on the stock with a target price of Rs1,210/share, implying a downside of 0% from the current market price (CMP).
|
|
15 Nov 2023
|
G R Infraprojects
|
Keynote Capitals Ltd
|
1291.00
|
1113.00
|
1099.90
(17.37%)
|
Target met |
Neutral
|
|
|
Quarterly Update Q2FY24
|