PNC Infratech Ltd Share Price (PNCINFRA)

Stable Returns for PNC Infratech; ICRA Expects Rise in Road Execution Pace - 17 Apr, 2024

PNC Infratech's ROCE has remained steady at 13%, while ICRA predicts a 5-8% increase in road execution pace during FY25 due to government initiatives.

PNC Infratech's Subsidiary Receives Rs 114.81 Crore from NHAI as One-Time Settlement - 16 Apr, 2024

PNC Raebareli Highways, a subsidiary of PNC Infratech, received Rs 114.81 crore (net of TDS) from NHAI as one-time settlement for contractual disputes related to the Raebareli to Jaunpur section project in Uttar Pradesh. The company's Q3 FY24 consolidated net profit jumped 32.4% YoY to Rs 185 crore on a 13.5% increase in net sales to Rs 2046.64 crore.

PNC Infratech Stock Breaks Out from Consolidation - 09 Apr, 2024

PNC Infratech stock has broken out from a multi-week consolidation with high volumes. The infrastructure sector is expected to continue outperforming, and the primary trend of the stock is bullish as it forms higher tops and bottoms on weekly charts while being above important moving averages.

PNC Infratech Volume Surges on NSE - 08 Apr, 2024

PNC Infratech Ltd's stock gained 7.73% to Rs.462.90 as its volume surged 6.04 times over the two-week average daily volume on NSE.

PNC Infratech Signs Settlement Pact with NHAI - 03 Apr, 2024

PNC Infratech signed a Rs 117 crore settlement pact with NHAI towards one-time settlement of contractual disputes. Meanwhile, InCred expects a decline in YoY sales for PNC Infratech's EPC business in Q4FY24.

ICICI Direct Recommends Buy on PNC Infratech Stock - 30 Mar, 2024

ICICI Direct has given a buy recommendation for PNC Infratech stock with a target price of Rs 550, representing a potential upside of around 26%. The brokerage estimates the company's revenues to grow at a CAGR of around 12% to Rs 9,760 crores by FY26.

Hem Securities Gives Buy Call on PNC Infratech with Target Price of Rs 510 - 22 Mar, 2024

PNC Infratech Ltd, a mid-cap infrastructure company, reported consolidated total income of Rs 2063.16 crore for Q3 FY23, up 6.77% from the previous quarter and 13.18% YoY. Hem Securities has given a buy call on the stock with a target price of Rs 510.

PNC Infratech Achieves 23% CAGR in Share Price Growth - 21 Mar, 2024

PNC Infratech's share price growth achieved a compound annual growth rate (CAGR) of 23%, outpacing the company's earnings per share (EPS) growth of 13%. This suggests that the market has a higher opinion of the business than it did five years ago.

PNC Infratech Share Price Drops Over 14% - 20 Mar, 2024

PNC Infratech's share price has dropped over 14% since hitting a 52-week high of ₹472 in March. Order inflows remain a key concern despite decent execution in recent months.