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- HG Infra Engineering, a prominent player in the EPC sector, has seen its stock soar, achieving significant gains over the past few years.
- The company’s financial performance has been robust, with a notable increase in both revenue and net profit, as evidenced by recent fiscal reports.
- “With sustained margins and a strong order book, HG Infra is well-positioned for future growth,” remarked an analyst from ICICI Direct Research.
Explore the dynamic growth trajectory of HG Infra Engineering as it continues to excel in the infrastructure sector, delivering substantial returns to its investors.
Stellar Stock Performance and Financial Growth
HG Infra Engineering has demonstrated exceptional stock performance with a 727% increase over four years, recently reaching a new high of ₹1,417.95. This growth is supported by a strong financial report showing a 29.5% increase in net profit for FY24.
Robust Fiscal Performance and Future Outlook
The company’s revenue grew by 15.9% YoY in FY24, with net profit surging by 29.5%. Management anticipates a 15-20% revenue growth in FY25, driven by a solid pipeline of projects and a diversified order book, which includes significant contributions from the railways, solar, and road sectors.
Market Analysis and Brokerage Insights
Despite a slight shortfall in order inflows compared to initial targets, HG Infra’s current performance and strategic investments position it for sustained growth. ICICI Direct Research maintains a ‘buy’ recommendation with a target price of ₹1,445, signaling confidence in the company’s ongoing upward trajectory.
Conclusion
HG Infra Engineering continues to thrive in the competitive EPC market, backed by strong financials and strategic project acquisitions. With a robust order book and positive market forecasts, the company is poised for further growth, offering promising prospects for investors.
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