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- Road Construction
- Industrial (Both Civil and corporate projects)
- Residential Housing
- Commercial Real estate
It is engaged in industrial construction such as mass housing and townships, multistoried buildings etc. Its industrial projects for coal mines, fertilizer plants, petrochemicals etc are executed for both the private and public sectors. With With government thrust on infrastructure development through public-private partnership, the Company will benefit as it has executed many projects in road and industrial construction segment.
At the CMP of around 106 the company is trading at a P/E of around 10 and with the strong order book, execution track record and strong equipment back it makes sense to take a long position in the stock with a target of around 140-50 with stop loss around 80 level and should add on dips at 95 and 85.
Please use the link to download a basic financial summary report for the company.
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