Why is the market not fired up about HG Infra despite road maker ‘ticking all boxes’?

By Aman Malik

  • 17 Feb 2020
Premium
Credit: 123RF.com

At first glance, HG Infra Engineering Pvt. Ltd comes across as a rare Indian highway developer that seems to have got almost everything right.  It has a robust order book, rising topline and bottomline and a comfortable debt situation (at least on the books). And yet, its stock is currently trading at ......

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