Pick of the Week: PNC Infratech

Equity Bottom-Up

133 Views, 18 Jan 2022 17:28

EXECUTIVE SUMMARY

PNC Infratech Limited has played a crucial role in India’s infrastructural growth, particularly in the Highway and Airport sectors
Over the past 20 years, PNC Infratech has emerged as one of the most efficient players across several infra-segments such as roads and highways, bridges, and airport runways.
We recommend a Buy the stock for a target price of Rs 350 implying an upside of 15% from CMP

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