GR Infraprojects - On Road To Be The Leader: ICICI Securities Initiates Coverage

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.GR Infraprojects Ltd. is one of the leading listed construction engineering, procurement and construction players, with a large orderbook and a healthy growth outlook. With its primary focus on road sector, GR Infra has successfully executed more than 100 projects over the past 15 years across the country. Its current orderbook of Rs 131 billion (as of end-FY22), including its hybrid-annuity-model portfolio of 22 assets, provides good visibility, which will likely be boosted further by the strong National Highway Authority of India award outlook (14,389 km worth of highway projects over FY23-24). GR Infra is also looking to diversify beyond roads into railways, metro, power transmission, ropeways and hydroelectric projects, and is building up capabilities in these areas through project execution itself. We believe the company’s strong balance sheet and cash generation will be sufficient for its upcoming HAM equity requirement. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

GR Infraprojects - On Road To Be The Leader: ICICI Securities Initiates Coverage

GR Infraprojects - On Road To Be The Leader: ICICI Securities Initiates Coverage

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