According to Axis Securities, road infrastructure companies saw a mixed performance in Q1 FY27 with declining revenues. Despite this, PAT growth exceeded expectations. Kalpataru, RITES, and GR Infraprojects maintain 'Buy' ratings, supported by strong order books and anticipated revenue growth.
According to Axis Securities, road infrastructure companies saw a mixed performance in Q1 FY27 with declining revenues. Despite this, PAT growth exceeded expectations. Kalpataru, RITES, and GR Infraprojects maintain 'Buy' ratings, supported by strong order books and anticipated revenue growth.
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