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J Kumar Q1 Results Review - Healthy Execution To Continue Led By Robust Order Book: Dolat Capital

Given the company’s robust order book which provides revenue visibility of ~five times along with scope of margin improvement, the brokerage upgrades its multiple from 11 times to 14 times.

<div class="paragraphs"><p>Underground metro rail project carried out by J Kumar Infraprojects Ltd. (Source: Company website)</p></div>
Underground metro rail project carried out by J Kumar Infraprojects Ltd. (Source: Company website)
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