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

<ul><li>Strong and well-diversified order book ensuring revenue visibility: The company’s order book position, including L1 projects, stands at Rs 25,411 Cr, comprising Roads, Railways, Transmission, Telecom/Optical Fibre, and Tunnel works, providing healthy revenue visibility for the next 24–36 months.</li><li>For FY26, it expects an order inflow of Rs 20,000–25,000 Cr, with Rs 10,000–11,000 Cr anticipated from Highways, Rs 2,000–3,000 Cr from Railways and Metros, and the balance from segments such as Power Transmission, Ropeway, Tunnel, Hydro, and Telecom projects.</li><li>Robust tender pipeline supported by balanced segment exposure: The bidding pipeline for FY26 remains robust at Rs 2.8 Lc Cr in Highway projects, Rs 28,000 Cr from Hydro, Rs 19,000 Cr from Tunnel, Rs 24,000 Cr from Power Transmission, Rs 26,000 Cr from Railways, and Rs 22,000 Cr from Metro projects.</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>

Strong and well-diversified order book ensuring revenue visibility: The company’s order book position, including L1 projects, stands at Rs 25,411 Cr, comprising Roads, Railways, Transmission, Telecom/Optical Fibre, and Tunnel works, providing healthy revenue visibility for the next 24–36 months.For FY26, it expects an order inflow of Rs 20,000–25,000 Cr, with Rs 10,000–11,000 Cr anticipated from Highways, Rs 2,000–3,000 Cr from Railways and Metros, and the balance from segments such as Power Transmission, Ropeway, Tunnel, Hydro, and Telecom projects.Robust tender pipeline supported by balanced segment exposure: The bidding pipeline for FY26 remains robust at Rs 2.8 Lc Cr in Highway projects, Rs 28,000 Cr from Hydro, Rs 19,000 Cr from Tunnel, Rs 24,000 Cr from Power Transmission, Rs 26,000 Cr from Railways, and Rs 22,000 Cr from Metro projects.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.

GR Infraprojects Ltd - Cut Estimates On Slower Execution; Retain BUY

G R Infraprojects

GR Infraprojects Ltd - Cut Estimates On Slower Execution; Retain BUY