Afcons Infrastructure, a recently listed company, has seen a positive market response after its Q2 results. Despite a YoY revenue decline, margin improvement and order book growth are key positives. The company’s order book has increased to Rs 34,152 crore, with a significant portion in the urban infrastructure and hydro segments. The book-to-bill ratio has improved to 2.7. These factors suggest improved revenue visibility for the company.
Trump actions will cause India’s GDP growth to slow down along with global economy: Swaminathan Aiyar
Swaminathan Aiyar warns that the US-China trade war and global uncertainty will impact India’s GDP and world trade, leading to slower economic growth. He predicts
March 4, 2025