BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Short (1M)
Nomura Recommends 'Neutral' On Dilip Buildcon
Dilip Buildcon's earnings were stronger than expected with improvements in leverage and working capital metrics, according to Nomura. However, a delay in securing Appointed Dates for HAM (hybrid annuity mode) projects and a weak order inflow outlook from core highways segment pose risk to earnings going forward, the brokerage adds.