Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
487.00
Change Change %
-5.15 -1.05%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
486.80
Change Change %
-4.05 -0.83%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
30-08-2017 Buy 622.45 649.00
N/A
Target Hit Long (1Y)
30-08-2018

Nomura maintains buy on Dilip Buildcon

Dilip Buildcon announced a deal with Shrem Infraventures for sale of all BOT assets for a consideration of INR16bn over FY18/19, which will be used to reduce debt. The reduction in standalone net debt over FY18/19F will lead to reduction in financial expenses. The lower interest cost will provide a boost to our EPS estimates for FY18F and FY19F which can lead to revision in our target price.

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