Infra Stock to Buy Now for an Upside of 80%; Do You Own It?
India, Nov. 6 -- The shares of this small cap company majorly engaged in undertaking infrastructure projects, including highways, bridges, flyovers, power transmission lines and other segments were in focus after brokerage sees significant upside potential.
With the market capitalization of Rs. 3,327 Crores, the shares of PNC Infratech Ltd were trading at around Rs. 130 per share which is 55 percent discount from its 52 week high of Rs.291 per share and is trading at a P/E of 5.35 whereas industry P/E stands at 14.4
Brokerage View: PL Capital Maintains BUY
PL Capital has reiterated its BUY rating on PNC Infratech, with a revised target price of Rs234 per share against its earlier target of Rs271. The brokerage factors in FY27E and FY28...
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