H.G. Infra Engineering Ltd, a leader in EPC services, has been identified as a strong buy by Share India, with a recommended buy range of ₹1450-1475 and a target price of ₹1880. This suggests a potential upside of 27.5%. The company’s robust order book, diversified portfolio, and focus on renewable energy and infrastructure projects make it an attractive investment opportunity.
Key Highlights:
- The company has a healthy order book of ₹15,642 crores, three times its FY24 revenue, providing strong revenue visibility for the next few years.
- H.G. Infra is expanding into renewable energy projects and secured its first solar project worth ₹1,307 crores in FY25, marking a significant pivot towards sustainable infrastructure.
- The company is also involved in road, railway, and metro projects, with recent orders totaling approximately ₹4,905 crore in Q1 FY25, securing further growth.
- Strong financial performance with EBITDA margins of 16.9% in FY25 and expected CAGR of 27%-30% in earnings and revenue from FY24 to FY26.
With a strong outlook in both public and private sector projects, H.G. Infra Engineering is well-positioned for growth, offering long-term value to investors.
Disclaimer: Stock investments are subject to market risks. Please read all related documents carefully before investing. The information provided in this article is for informational purposes only and should not be construed as financial advice. Consult your financial advisor before making any investment decisions.
