Home » Research » Kotak Research Center » Stock Research Recommendation Buy Dilip Buildcon Ltd Target Price Rs 1400
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  • Company Update: Dilip Buildcon Ltd – BUY – TP Rs.1400

    Publish date: 6th July, 2018

    We interacted with the management of DBL in its analyst meet regarding future growth plan as well as progress on current projects.

    Company is confident of achieving financial closure of recently awarded HAM projects soon which will start contributing towards the EPC revenue growth.

    Better than expected order inflow and a robust order book provides healthy visibility of future earnings and company expects to achieve Rs 100 bn of revenues in FY19.


    We continue to remain positive on the company and maintain BUY with an unchanged price target of Rs 1400.


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