JKumar Infraprojects Ltd: Riding the Infra boom – BUY
CMP Rs345, Target Rs452, Upside 31%
JKumar Infraprojects Ltd (JKIL) will benefit from the huge opportunity about to unfold in the infrastructure sector, especially the transportation segment. Recently, company was declared L1 for the prestigious Mumbai Metro 3 (MM3) project worth Rs.5,200cr, which is ~4x its FY15 turnover. Additionally, JKIL already has an order book of Rs.3,600cr providing high revenue visibility for many…
JKumar Infraprojects Ltd: Riding the Infra boom – BUY Report By IIFL
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