GR Infraprojects (GRIL), an infrastructure company, is mainly into road construction across the country. It has recently also forayed into the execution of railways, ropeways, power transmission, hydro power and logistics projects.
I read a very interesting book titled Money Men by Dan McCrum. It is an amazing reflection on what is happening around us in the modern age of quick and easy money. It is about a fraud company that made it to the German equivalent of the Sensex, in spite of so many red flags raised.
Earnings rating is calculated based on three factors - earnings surprises, estimate revisions and recommendation changes. Comparing company’s actual earnings to the mean expectation of analysts results in a difference which is referred to as ‘Positive’ or ‘Negative Surprise’.
The Board of Directors of Maharashtra Seamless Limited, at its meeting held today have approved the financial results of the company for the period ended December 31, 2022 - Q3FY23 and 9MFY23.