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. 

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.

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: PNCIL has an order book valued at Rs 19,910 Cr (as of 30th Sep 2024), which is over 2.5 times FY24 revenue.</li><li>In Oct'24, the company received an LOA for one EPC project worth Rs 2,039 Cr from CIDCO and two EPC projects worth Rs 4,630 Cr from MSRDC in Maharashtra.</li><li>The order book is welldiversified between roads and water projects, indicating revenue visibility for the next 2- 2.5 years.</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: PNCIL has an order book valued at Rs 19,910 Cr (as of 30th Sep 2024), which is over 2.5 times FY24 revenue.In Oct'24, the company received an LOA for one EPC project worth Rs 2,039 Cr from CIDCO and two EPC projects worth Rs 4,630 Cr from MSRDC in Maharashtra.The order book is welldiversified between roads and water projects, indicating revenue visibility for the next 2- 2.5 years.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 - Seasonality & Lower Executable Order Book Impacts Performance