Balancing growth and green goals a tightrope walk for India: Economic Survey (22-07-2024)
Dilip Buildcon – The best-in-class execution! (22-07-2024)
- good revenue visibility for this year , should aggressively bid for projects that govt looks to accept bids for the first 100 days , and election year is going behind so order inflow should only increase
- debt reduction , reducing finance cost
- overall govt focus on infra, TDP led andhra to mostly receive large `infra package and alliance should remain committed to the sector
- reasonable valuations on dips to accumulate as well
key risks - execution risk
- slowness in debt reduction might lead to back ended value unlocking
- lack of clarity on the overall business mix and how that will emerge in the next 5 years , due to the coal business
RNFI Services IPO: Check issue size, price band, GMP and other details (22-07-2024)
Kataria Industries IPO: Allotment status today, GMP, likely listing price (22-07-2024)
Meeting mechanics and masons is just theatrics, Rahul Gandhi flies Emirates First Class, says BJP sharing his video (22-07-2024)
Dilip Buildcon – The best-in-class execution! (22-07-2024)
Dilip Buildcon in the recent call looks like a new story emerging , the management in the May 2024 concall has mentioned about some new things , one thing that is evident is the intent to build db 2.0 , starting mainly with debt reduction , Expecting a reduction in borrowing costs with a potential credit rating upgrade in the coming year , it also has a lesser known coal segment which seems to be on fire and capacties seems to be exceeding what was expected
on the orderbook front , things remain stable for this year , as election is now behind us , and the stock is around 500 levels , where 5 year return is close to 0 infact lesser.
Things that make up a bull case ,
1)