BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
HDFC Securities Report
Ahluwalia Contracts (India) Ltd. surprised positively on execution front (1.5x HDFC Securities’ estimate), despite the shortage of labour and restriction on operation in projects within city limits, as it focused on off-site execution.
Labour availability has improved from ~60% to ~80% QoQ.
Ahluwalia Contracts won new orders worth Rs 12.4b billion FY TD21, taking the order book to Rs 82 billion (Rs 75 billion as on Q2 FY21).
Gross debt increased marginally to Rs 440 million from Rs 430 million QoQ.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR