The stock has a PE of 8.48x whereas the industry PE is 22.9x and an ROE of 26.10 per cent.

The company reported positive numbers in its quarterly results (Q1FY24) and annual results (FY23). The net sales increased by 12.10 per cent to Rs 9,482 crore and net profit increased by 74.83 per cent to Rs 1,454 crore in FY23 over FY22.

The company reported positive numbers in its quarterly results (Q1FY24) and annual results (FY23). The net sales increased by 12.10 per cent to Rs 9,482 crore and net profit increased by 74.83 per cent to Rs 1,454 crore in FY23 over FY22.  The stock is up by 25 per cent in just 3 months whereas BSE Sensex Index is up by 5.44 per cent.

Order Book: The order book as on March 31, 2023 stands at Rs 19,530 crore. During the year (2022-2023), the company bagged 7,900 crore orders and 7,250 crore lowest bidder (L1) orders. Including the above order, the company’s current order book stands at Rs 20,615.47 crore.

According to the financials, GR Infraprojects Ltd has a market cap of over Rs 12,500 crore. The net sales increased by 2.71 per cent and the net profit increased by 40.91 per cent in Q4FY23 over Q4FY22. The net sales increased by 12.10 per cent and net profit increased by 74.83 per cent in FY23 over FY22. Order Book: The order book as on March 31, 2023 stands at Rs 19,530 crore. During the year (2022-2023), the company bagged 7,900 crore orders and 7,250 crore lowest bidder (L1) orders.

The stock is up by 27.42per cent in just 1 month, whereas the BSE Industrials Index is up by 5 per cent.

In Q2FY23, net sales rose by 12.13 per cent and net profit skyrocketed 123.45 per cent over Q3FY22.  

The equity markets traded cautiously ahead of the US Fed meet outcome with strength seen in the first half of trading session and selling pressure in the second half of the trading session .In yet another volatile session, the benchmark indices ended lower with Nifty closing below 15,700 level.

The markets crashed with full force at the beginning of the week while the key equity indices fell below their crucial levels, experiencing heavy selling pressure. The global markets corrected due to worries over upcoming policy rate hikes and cuts to the central bank’s balance sheet.  

BSE Smallcap index outperformed broader markets by recording gains of 1.71 per cent, closing at 28,699.41. 

On Wednesday, domestic equity markets ended on a strong note on account of improving global cues.

BSE Smallcap index recorded losses of 0.52 per cent, closing at 27,655.19 amid a volatile session.