External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Robust &amp; Diversified Order Book: As of 31st Dec’24, PNCIL’s order book stood at Rs 18,962 Cr, representing over 2.4x FY24 revenue, providing revenue visibility for the next 2-2.5 years.</li><li>Aligned with its diversification strategy, the company is expanding its focus to include bids in the railway and water segments across both state and central projects.</li><li>This approach aims to reduce reliance on the road sector and create a more resilient revenue base.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Robust &amp; Diversified Order Book: As of 31st Dec’24, PNCIL’s order book stood at Rs 18,962 Cr, representing over 2.4x FY24 revenue, providing revenue visibility for the next 2-2.5 years.Aligned with its diversification strategy, the company is expanding its focus to include bids in the railway and water segments across both state and central projects.This approach aims to reduce reliance on the road sector and create a more resilient revenue base.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

PNC Infratech Ltd - NHAI Ban to Be Lifted & Robust Order Book To Drive Growth; Upgrade To BUY