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
J Kumar Infraprojects Ltd. reported a profit (at Rs 71 million versus Rs 59 million loss expectation) owing to better execution and cost controls.
Labour availability has now improved to near pre-Covid-19 levels with execution efficiency at approximately 80- 90% (30-40% run rate in August).
Whilst order backlog is robust at 3.6 times FY20 revenue, near-term execution challenges have alleviated now to a large extent with people adjusting to the new normal and getting back to work.
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