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This construction stock gave 108% returns last year; 5 reasons to be bullish on the scrip
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The construction and infrastructure development company reported a strong performance in the June 2023 quarter, supported by healthy execution, momentum in Jal Jeevan Mission orders, and moderation in input costs. The revenue and net profit grew 29.7% and 35.2%, respectively, on a y-o-y basis, and surpassed Reuters-Refinitiv estimates by 6.1% and 3.9%, respectively.
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