KNR Constructions rated Neutral by Motilal Oswal
AFBytes Brief
Motilal Oswal kept a Neutral rating on KNR Constructions with a target price of 130 rupees. Revenue and margin trends prompted the cautious stance.
Why this matters
The note addresses financial performance of an Indian infrastructure firm.
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Institutional View
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Indian brokerage houses apply standard valuation models to listed construction firms.
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