PNC Infratech Share Value: Purchase PNC Infratech, Goal Value Rs 378: Anand Rathi

Anand Rathi has a purchase name on PNC Infratech with a goal value of Rs 378. PNC Infratech Ltd. , The present market value of Rs.270.9 is Rs. value can attain its goal. Analysts have given its time interval as one yr.

PNC Infratech Ltd., integrated within the yr 1999, is a Mid Cap firm (having a market cap of Rs 6940.67 Crore) working in Infrastructure sector.

PNC Infratech Restricted The foremost merchandise/income segments embody Contract Income, Supplies and Scrap for the yr ended 31-March-2021.

monetary scenario

For the quarter ended 31-12-2021, the corporate reported a consolidated complete revenue of Rs.1739.40 crore, a decline of 4.72% over the earlier quarter’s complete revenue of Rs.1825.48 crore and a decline of Rs 1616.93 crore for the corresponding quarter final yr. 7.57% larger. , Firm has reported Web Revenue after Tax of Rs 77.80 Crore in newest quarter.

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funding logic
Decrease move estimates and Q3 lack of a portion of Ghaziabad-Aligarh, FY22e and FY23e earnings are down ~7% every, and FY24 down ~3%. On Revised Estimates, the inventory is out there at 10.2x FY24e per share (excluding investments). threat. Any considerably delayed influx.

Promoter/FII Holdings
Promoters held 56.07 per cent stake within the firm as of December 31, 2021, whereas FIIs held 10.88 per cent, DIIs 28.91 per cent.

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