Profit

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

NSE
164.50
Change Change %
-7.10 -4.14%

Updated:19 Sep, 2018, 15:57 PM IST

BSE
164.60
Change Change %
-7.00 -4.08%

Updated:19 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
20-05-2016 Buy 217.80 345.00
N/A
Closed Long (1Y)
20-05-2017

Religare maintains buy on IRB Infrastructure

Religare has a target price of Rs 345 on IRB Infrastructure. It says IRB posted an in-line Q4FY16 as construction and BOT revenues grew 94% and 17% YoY, led by faster execution and commissioning of toll projects. It adds IRB's major toll projects saw 10-11% traffic growth in Q4. The EPC order book and order pipeline is strong, and IRB is well placed to compete in the roads sector.

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