|
08 Sep 2025 |
G R Infraprojects
|
Consensus Share Price Target
|
1281.10 |
1481.17 |
- |
15.62 |
buy
|
|
|
|
|
14 Aug 2023
|
G R Infraprojects
|
Keynote Capitals Ltd
|
1281.10
|
1522.00
|
1266.05
(1.19%)
|
Target met |
Buy
|
|
|
Quarterly Update Q1FY24
|
|
14 Aug 2023
|
G R Infraprojects
|
Axis Direct
|
1281.10
|
1410.00
|
1266.05
(1.19%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
13 Aug 2023
|
G R Infraprojects
|
ICICI Securities Limited
|
1281.10
|
1621.00
|
1281.25
(-0.01%)
|
Target met |
Buy
|
|
|
GR Infraprojects (GRInfra) has grown its orderbook sharply in the last few quarters. Orderbook was below 2x in the last few years leading to sub-optimal growth. With robust order inflow worth INR 150bn in FY23 and INR 18bn in Q1FY24, orderbook stands healthy at INR 268bn as of Jun’23.
|
|
22 May 2023
|
G R Infraprojects
|
Keynote Capitals Ltd
|
1281.10
|
1363.00
|
1090.95
(17.43%)
|
Target met |
Buy
|
|
|
Quarterly Update Q4FY23
|
|
22 May 2023
|
G R Infraprojects
|
Axis Direct
|
1281.10
|
1400.00
|
1090.95
(17.43%)
|
Target met |
Buy
|
|
|
Recommendation: We roll over our estimates to FY25 and maintain our BUY recommendation on the stock.
|
|
16 Feb 2023
|
G R Infraprojects
|
ICICI Direct
|
1281.10
|
1400.00
|
1157.80
(10.65%)
|
|
Buy
|
|
|
|
|
15 Feb 2023
|
G R Infraprojects
|
Keynote Capitals Ltd
|
1281.10
|
1440.00
|
1182.35
(8.35%)
|
|
Buy
|
|
|
Quarterly Update Q3FY23
|
|
15 Feb 2023
|
G R Infraprojects
|
ICICI Securities Limited
|
1281.10
|
1621.00
|
1182.35
(8.35%)
|
|
Buy
|
|
|
GR Infraprojects (GRIL) has reported steady order execution but higher profits in Q3FY23. On a standalone basis, revenue was up 4.4% YoY to Rs19bn, EBITDA was up 8.6% YoY to Rs2.8bn, and EBITDA margin came in at 14.6%. Reported PAT in Q3FY23 was up 31.9% at Rs1.7bn. Orderbook stood at Rs141bn, and the company has maintained its FY23 order inflow guidance of Rs150bn.
|
|
15 Feb 2023
|
G R Infraprojects
|
Axis Direct
|
1281.10
|
1550.00
|
1182.35
(8.35%)
|
|
Buy
|
|
|
Recommendation: We maintain our BUY recommendation on the stock
|
|
08 Dec 2022
|
G R Infraprojects
|
Motilal Oswal
|
1281.10
|
1510.00
|
1226.25
(4.47%)
|
|
Buy
|
|
|
|