Nuvama sees Afcons Infra in a ‘league of its own’, initiates coverage with Rs 535 target price
- Posted on March 7, 2025
- By Business News Today
- 5 Views
Nuvama sees Afcons Infra in a ‘league of its own’, initiates coverage with Rs 535 target price
Nuvama initiated coverage on Afcons Infrastructure with a ‘buy rating and Rs 535 target, citing strong financials, consistent growth, and a robust order book. The companys diversified operations, reduced leverage, and expertise in complex projects support long-term revenue visibility.
