External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

HG Infra Engineering Ltd / Equity Bottom-Up

<ul><li>Healthy Order Book: As of 31st Mar’24, the company's total order book stood at Rs 15,281 Cr, ensuring strong revenue visibility for the next 2-3 years.</li><li>64% of the company's total order book comes from the EPC sector, while 36% is from HAM road and solar projects.</li><li>In FY26, the company is expecting revenue contribution of Rs 1,200 Cr from projects worth Rs 7,200 Cr awaiting AD. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Healthy Order Book: As of 31st Mar’24, the company's total order book stood at Rs 15,281 Cr, ensuring strong revenue visibility for the next 2-3 years.64% of the company's total order book comes from the EPC sector, while 36% is from HAM road and solar projects.In FY26, the company is expecting revenue contribution of Rs 1,200 Cr from projects worth Rs 7,200 Cr awaiting AD. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Axis Punch: HG Infra Engineering Ltd - 30th June, 2025