Groups
GARUDA
✅Company is almost debt free
✅Undervalued
✅Business :
– Garuda Construction and Engineering Ltd. provides end-to-end civil construction and engineering solutions for residential, commercial, infrastructure, and industrial projects, specializing in EPC services.
– The company aims for steady growth with an order book of ₹1,408.27 crore as of September 2024
✅Fundamental :
-Highest revenue since listing
– YOY sales growth > 30+%
– Reported highest profit since listing
– Strong balance sheet
✅Technical :
– Resistance breakout
– Looking good above 126 with support 109 on closing basis
