HG Infra Engineering IPO: Strong revenue visibility; Subscribe

Hem Securities | Feb. 26, 2018, 3:11 p.m.

Valuation

Company is bringing the issue at price band of Rs 263270/sh at p/e ratio of 30. Co being established roads and highways sector focused construction developer with efficient business model has healthy order book which provides strong revenue visibility in future. Hence we recommend “Subscribe” on issue.



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