|
02 Dec 2025 |
G R Infraprojects
|
Consensus Share Price Target
|
1064.70 |
1432.25 |
- |
34.52 |
buy
|
|
|
|
|
07 Dec 2023
|
G R Infraprojects
|
Axis Direct
|
1064.70
|
1210.00
|
1225.55
(-13.12%)
|
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
|
1064.70
|
1210.00
|
1225.55
(-13.12%)
|
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
|
1064.70
|
1113.00
|
1099.90
(-3.20%)
|
Target met |
Neutral
|
|
|
Quarterly Update Q2FY24
|
|
13 Nov 2023
|
G R Infraprojects
|
Axis Direct
|
1064.70
|
1210.00
|
1134.15
(-6.12%)
|
Target met |
Hold
|
|
|
We change our rating from BUY to HOLD.
|
|
14 Aug 2023
|
G R Infraprojects
|
Keynote Capitals Ltd
|
1064.70
|
1522.00
|
1266.05
(-15.90%)
|
Target met |
Buy
|
|
|
Quarterly Update Q1FY24
|
|
14 Aug 2023
|
G R Infraprojects
|
Axis Direct
|
1064.70
|
1410.00
|
1266.05
(-15.90%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
13 Aug 2023
|
G R Infraprojects
|
ICICI Securities Limited
|
1064.70
|
1621.00
|
1281.25
(-16.90%)
|
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
|
1064.70
|
1363.00
|
1090.95
(-2.41%)
|
Target met |
Buy
|
|
|
Quarterly Update Q4FY23
|
|
22 May 2023
|
G R Infraprojects
|
Axis Direct
|
1064.70
|
1400.00
|
1090.95
(-2.41%)
|
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
|
1064.70
|
1400.00
|
1157.80
(-8.04%)
|
|
Buy
|
|
|
|