HG Infra Share Worth: Purchase HG Infra Engineering, Goal Worth Rs 735: ICICI Direct

ICICI Direct has positioned a purchase name with a goal worth of Rs 735. The present market worth of HG Infra Engineering is Rs 519.1. worth can attain its goal. Analysts have given its time interval as one 12 months. ., included within the 12 months 2003, is a Small Cap firm (having a market cap of Rs 3382.71 Crore) working in Infrastructure sector.

HG Infra Engineering Restricted The key merchandise/income segments include contract income and gross sales of companies for the 12 months ended 31-March-2021.

monetary state of affairs

For the quarter ended 31-03-2022, the corporate reported Consolidated Whole Revenue of Rs 1067.26 crore, up 11.14% from final quarter’s complete earnings of Rs 960.25 crore and up .35% from the corresponding quarter final 12 months at Rs 1063.56 crore Whole earnings . Firm has reported Internet Revenue after Tax of Rs 103.95 Crore in newest quarter.

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funding logic
Double digit return ratio arising from improved profitability, snug B/S place and wholesome working money move technology bodes nicely

Promoter/FII Holdings
As of March 31-March-2022, promoters held 74.53 per cent stake within the firm, whereas FIIs held 0.74 per cent, DIIs held 14.07 per cent.

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