Sharekhan is bullish on PNC Infratech has recommended buy rating on the stock with a target price of Rs 390 in its research report dated May 26, 2023.

Buy PNC Infratech; target of Rs 390: Sharekhan

HDFC Securities is bullish on PNC Infratech has recommended buy rating on the stock with a target price of Rs 383 in its research report dated May 26, 2023.

Buy PNC Infratech; target of Rs 383: HDFC Securities

PNC Infratech Consolidated March 2023 Net Sales at Rs 2,304.85 crore, up 3.54% Y-o-Y

Buzzing stocks: Indian Bank, Canara Bank, Manappuram Finance, TCNS, ABFRL, Aarti Industries, ITC, ADF Foods, PNC Infratech, Amara Raja Batteries, Thermax, SJVN, Bharat Forge, DCB Bank, Lupin, Mahanagar Gas, CUMI, Exide Industries, Happiest Minds, UPL, Pidilite Industries

Stocks that will see action on May 8, 2023

ABB India continued to make higher highs, higher lows formation for eighth consecutive session, and formed long bullish candlestick pattern on the daily scale. The stock gained 5.55 percent to end at record closing high of Rs 3,645, continuing uptrend for eight days in a row, with strong volumes.

Trade Spotlight | How should you trade in New India Assurance, ABB India, PNC Infratech today

Today’s Pick: PNC Infratech (₹306.6): BUY

Profitability of road construction companies is seen improving in Q4 FY23 due to softening of commodity prices. Meanwhile, better execution is expected to be reflected in the quarterly performance of KNR Constructions, PNC Infratech, H G Infra Engineering, G R Infraprojects and KEC International.

Road infra: Q4 results to reflect softening input costs, better NHAI awarding and execution

GR Infraprojects is currently trading at a trailing PE of 7.18x as against peers like KNR Constructions (15.7x) and PNC Infratech (9.6x)

Buy, hold or sell: What’s the way forward for GR Infraprojects stock?

Net Sales are expected to increase by 16.4 percent Y-o-Y (up 31.2 percent Q-o-Q) to Rs. 2,134.7 crore, according to Nirmal Bang.

PNC Infratech Q4 PAT seen up 11.8% YoY to Rs. 154.6 cr: Nirmal Bang

The share touched a 52-week high of Rs 354.55 and a 52-week low of Rs 219.35 on 03 February, 2023 and 20 June, 2022, respectively.

PNC Infratech shares gain 2% on Rs 772-crore Haryana Rail Infrastructure project

Stocks that will see action on April 10, 2023, include Adani Power, ITC, IRB Infra, PNC Infratech, GAIL India, Adani Total Gas, Tata Motors Sona BLW Precision, Kalyani Steels, Godrej Consumer, Nazara Tech, Coffee Day Enterprises, Goodluck India, Rushil Decor, Sudarshan Chem, Axita Cotton

Stocks that will see action on April 10, 2023

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

PNC Infratech Limited is a infrastructure construction, development and management company.