Buy G R Infraprojects, target price Rs 2266: HDFC Securities

HDFC Securities has buy call on G R Infraprojects with a target price of Rs 2266. The current market price of G R Infraprojects is Rs 1337.5. Time period given by analyst is one year when G R Infraprojects Ltd. price can reach defined target.

G R Infraprojects Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 12910.40 Crore) operating in Construction sector.

G R Infraprojects Ltd. key Products/Revenue Segments include Income From Construction Work, Electricity, Sale of services, Scrap and Other Operating Revenue for the year ending 31-Mar-2022.



Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 2705.91 Crore, up 12.08 % from last quarter Total Income of Rs 2414.36 Crore and up 18.97 % from last year same quarter Total Income of Rs 2274.44 Crore. Company reported net profit after tax of Rs 404.86 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 86.54 per cent stake in the company as of 31-Mar-2022, while FIIs owned 0.28 per cent, DIIs 9.76 per cent.