Buy for Short term after Breakout Above 1200 with 1111 SL
G R Infraprojects received 1 big order of 758 cr today and They also have order book of 15,000 Cr.
They are launching InvIT IPO in March as told by promoter in con-call.
by InvIT their debt will be reduced and profitability would increase that's good news for stock so it might rally after final launch date of InvIT.
Along with These its Valuation is super cheap at 7.5 PE only and ROCE and ROE are 15+ that's Excellent fundamentals (for more fundamentals see on screener , it's my view only take your call wisely , I'm not responsible for your either profit or SL🙏).
They are launching InvIT IPO in March as told by promoter in con-call.
by InvIT their debt will be reduced and profitability would increase that's good news for stock so it might rally after final launch date of InvIT.
Along with These its Valuation is super cheap at 7.5 PE only and ROCE and ROE are 15+ that's Excellent fundamentals (for more fundamentals see on screener , it's my view only take your call wisely , I'm not responsible for your either profit or SL🙏).