Expectations of a Santa rally for Indian markets fizzled out as the benchmarks gave up early gains to end on a weak note on December 24.
The Sensex and Nifty remained range-bound for the third consecutive session on December 11, with investors awaiting key inflation data from the U.S. later in the day and India's CPI print on December 12. These data points are expected to offer guidance on future rate trajectories for both economies. While auto and metal stocks gained, energy stocks lagged behind. Here’s a look at the top gainers and losers in trade today.
At the operational level, EBITDA saw a slight dip, down 0.3 percent to Rs 219.5 crore from Rs 220.1 crore in Q2 FY24.
Earlier this week, HG Infra won another project worth Rs 780 crore from the Ministry of Road Transport & Highways for the upgradation of NH-47.
According to the block deal data available on the BSE, Harendra Singh Family Trust, Vijendra Singh Family Trust, and Girishpal Singh Family Trust offloaded 17,96,154 shares in HG Infra Engineering.
HDFC Securities is bullish on HG Infra has recommended buy rating on the stock with a target price of Rs 1201 in its research report dated August 01, 2023.
ICICI Direct is bullish on HG Infra recommended buy rating on the stock with a target price of Rs 1150 in its research report dated July 21, 2023.
The total road awarding was hardly around 100 kilometers in April and May. Nonetheless, Axis Securities remains optimistic on the long-term prospects of PNC Infratech, HG Infra Engineering Limited, and KNR Constructions.
We expect company to maintain strong momentum driven by huge growth opportunities and financial prudence. Further, diversification into newer areas would reduce the concentration risk and enable re-rating of the stock.
The market snaps a two-day winning streak as 1,424 shares advance, 19,89 decline and 125 shares remain unchanged
PNC Infratech is a quality stock to play the infrastructure up-cycle as it has a good track record of project execution and maintaining a healthy balance sheet
HDFC Securities is bullish on HG Infra has recommended buy rating on the stock with a target price of Rs 1017 in its research report dated February 09, 2023.
Is there a correct time and right level to buy IT stocks? We discuss on the show today. Stocks in the spotlight are Eicher Motors, Poonawalla Fincorp, HG Infra and Craftsman Automation.
While Q3FY23 may be affected, owing to extended rains as well as slower execution in irrigation projects, we expect execution to pick up strongly in the next fiscal.
With the revenue visibility over the medium term, and no material affect on the margins, construction space should deliver better earnings performance
With government’s focus on infrastructure, most construction companies have guided for healthy order inflows in FY22. MC Pro remains optimistic on its high conviction ideas to take advantage of the huge spending on infrastructure. What are these stocks? Find out in the video
HDFC Securities is bullish on HG Infra has recommended buy rating on the stock with a target price of Rs 408 in its research report dated February 01, 2021.
HDFC Securities is bullish on HG Infra has recommended buy rating on the stock with a target price of Rs 380 in its research report dated November 12, 2020.
HDFC Securities is bullish on HG Infra has recommended buy rating on the stock with a target price of Rs 337 in its research report dated August 19, 2020.
In this edition of Ideas for Profit, Moneycontrol's Sakshi Batra sheds light on HG Infra results and whether the stock should be kept on radar
"HG Infra Engineering Limited, a leading player in the road construction sector is declared L-1 bidder by NHAI for new EPC (engineering, procurment and construction) project in Rajasthan under Bharatmala Pariyojana. The cost of the project is Rs 997 crore," the company said in a statement.
We have hand-picked five smaller companies that beckon investors ‘attention.