• Oil India

    Oil India (OIL) is undergoing expansion by acquiring hydrocarbon fields in Russia. Company has made two Hydrocarbon discovery in the Baghjan Petroleum Mining Lease (PML) in the Upper Assam Basin which is expected to produce ~925bopd. We believe the company ...

    Buy Reco. Price: 212.00

  • C P C L

    With the Resid upgradation project being commissioned, we expect the company to post higher GRM by FY19E. Further, expected increase in petrochemical demand will be the driving factor for volume growth. We expect revenue CAGR of ~7% over FY18-20E. We believ...

    Accumulate Reco. Price: 297.00

  • IRB Infra.Devl.

    IRB’s construction order book as of Q4FY18 stands at ~Rs15,000cr (4x FY18 EPC revenues). Comparable toll revenues for 6 projects grew 17% YoY driven by double digit growth in toll revenues for Mumbai Pune, Vadodara Ahmedabad and Thane Ghodbunder in Q4...

    Accumulate Reco. Price: 225.00

  • ITD Cem

    ITD has a strong order size of Rs9,090cr as of March2018, providing it revenue visibility of around 30 months. We therefore expect the company to report revenue CAGR of 30% over CY17-19E. The joint ventures (Mumbai Metro, Calcutta Metro and Bangalore) will ...

    Buy Reco. Price: 134.00