Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
144.70
Change Change %
-5.75 -3.82%

Updated:21 Sep, 2018, 15:56 PM IST

BSE
145.30
Change Change %
-3.60 -2.42%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
12-07-2017 Buy 149.35 210.00
N/A
Target Hit Long (1Y)
12-07-2018

Nomura initiates coverage on PNC Infratech with buy

Nomura has initiated coverage on PNC Infratech with buy for target price of Rs 210. It says India's road sector should see a significant revival in ordering and execution, led by an infrastructure push driven by government spending. ). In this new phase of growth, where early green shoots are already visible, we think the field will belong to newer companies with above-average execution skills and, importantly, strong financial position. Dilip Buildcon (DBL), PNC and KNR are examples of such competencies, Nomura adds.

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