Recommendation: Add; Target price: ₹1780
Book to bill ratio on trailing 12m revenues continued to weaken for highway contractors (GR saw a rise due to 10% fall in 9M revenue).
Using Radio Frequency Identification (RFID) technology, FASTag is a gadget that allows toll payments to be made directly from a moving vehicle.
BSE Midcap and Smallcap indices exhibited a notable increase, each rising by 1%.
Recommendation: Sell; Target price: ₹779
Following restrictions on the Paytm Payments Bank by the Reserve Bank of India (RBI), the company's shares have become volatile.
Margins in Pune metro is minimal at 2% however expect it to improve to 8-10% in Ahmedabad and Pune.
The corporation stated that the investment will be made in stages, pending the required clearances.

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