1 year ago

HG Infra Engineering Stock: Analysts Predict Upside

HG Infra Engineering Stock: Analysts Predict Upside
Multibagger infra stock trading near 52 week low but Emkay sees 97% upside, here's why · businesstoday.in

Imagine a company called HG Infra that builds roads and bridges.

Experts think their stock price could almost double in a year.

However, the company's profits recently dropped, and its revenue decreased a bit too.

While some experts are still optimistic and suggest buying the stock because of the potential to make money.

Investors should know that the stock is currently trading near its lowest price in the past year and that the company's performance has been volatile.

Key facts

Company
HG Infra Engineering
Emkay Global Target Price
Rs 1,900
Axis Securities Target Price
Rs 1,480
Current Share Price
Rs 973.75 (approx.)
5-Year Gain
404%
Q1 FY25 Net Profit
Rs 162.5 crore
Q1 FY26 Net Profit
Rs 98.8 crore

Quotes

Emkay

Brokerage

“We keep our TP unchanged at Rs 1,900; retain BUY, given the incremental wins, steady execution progress, and the potential HAM monetization being key near-term triggers.”
businesstoday.in

Axis

Brokerage

“We maintain our BUY rating on HGIEL and value its EPC business at 10x FY27E EPS and HAM/Solar/Battery portfolio at 1.2x/1x/1x book value to arrive at a target price of Rs 1,480/share, which implies an upside of 54% from the CMP”
businesstoday.in

Sources

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