|
02 Dec 2025 |
G R Infraprojects
|
Consensus Share Price Target
|
1056.00 |
1432.25 |
- |
35.63 |
buy
|
|
|
|
|
15 Feb 2023
|
G R Infraprojects
|
Keynote Capitals Ltd
|
1056.00
|
1440.00
|
1182.35
(-10.69%)
|
|
Buy
|
|
|
Quarterly Update Q3FY23
|
|
15 Feb 2023
|
G R Infraprojects
|
ICICI Securities Limited
|
1056.00
|
1621.00
|
1182.35
(-10.69%)
|
|
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
|
1056.00
|
1550.00
|
1182.35
(-10.69%)
|
|
Buy
|
|
|
Recommendation: We maintain our BUY recommendation on the stock
|
|
08 Dec 2022
|
G R Infraprojects
|
Motilal Oswal
|
1056.00
|
1510.00
|
1226.25
(-13.88%)
|
|
Buy
|
|
|
|
|
15 Nov 2022
|
G R Infraprojects
|
ICICI Securities Limited
|
1056.00
|
1621.00
|
1121.10
(-5.81%)
|
|
Buy
|
|
|
GR Infraprojects (GRIL) has reported steady earnings in Q2FY23 aided by higher execution and receipt of early completion bonus.
|
|
14 Nov 2022
|
G R Infraprojects
|
Axis Direct
|
1056.00
|
1600.00
|
1142.45
(-7.57%)
|
|
Buy
|
|
|
We maintain a BUY on GRIL and value the EPC business at 13x FY24E EPS and HAM portfolio at 1x Book Value to arrive at a target price of Rs1,600/share, implying an upside of 37% from the CMP.
|
|
13 Nov 2022
|
G R Infraprojects
|
ICICI Direct
|
1056.00
|
1475.00
|
1165.05
(-9.36%)
|
|
Buy
|
|
|
|
|
12 Nov 2022
|
G R Infraprojects
|
Motilal Oswal
|
1056.00
|
1510.00
|
1142.45
(-7.57%)
|
|
Buy
|
|
|
|
|
11 Nov 2022
|
G R Infraprojects
|
Keynote Capitals Ltd
|
1056.00
|
1510.00
|
1121.10
(-5.81%)
|
|
Buy
|
|
|
Initiating Coverage Report
|
|
11 Nov 2022
|
G R Infraprojects
|
Keynote Capitals Ltd
|
1056.00
|
1510.00
|
1165.05
(-9.36%)
|
|
Buy
|
|
|
Initiating Coverage Report
|