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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Religare maintains buy on J Kumar Infraprojects
Q2 earnings of the company were in-line with estimates. Net profit was ahead of estimates on account of lower interest expenses. The company has a well-capitalised balance sheet, especially after the recent Rs 4,100 crore fund raising, and the quality of its order backlog would sustain profitability.