External broker reports(aggregated public sources), HDFC Securities

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External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund 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>PNC Infratech Limited’s (PNC) management reported on the Ministry of Road Transport and Highways of India’s (MoRTH) recent order that debars the company from tendering for road projects bid by the ministry through agencies like the National Highways Authority of India (NHAI), NHIDCL and MORTH</li><li>The debarment order is for one year beginning 18th October 2024</li><li>PNC highlighted that it intends to bid for other Government/State agency projects ex-Morth to address the shortfall that is likely to be affected in the near to medium term, while continuing to execute its current gross order book of INR 211bn (including three new orders received from MSRDC and CIDCO), providing revenue visibility over 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>

PNC Infratech Limited’s (PNC) management reported on the Ministry of Road Transport and Highways of India’s (MoRTH) recent order that debars the company from tendering for road projects bid by the ministry through agencies like the National Highways Authority of India (NHAI), NHIDCL and MORTHThe debarment order is for one year beginning 18th October 2024PNC highlighted that it intends to bid for other Government/State agency projects ex-Morth to address the shortfall that is likely to be affected in the near to medium term, while continuing to execute its current gross order book of INR 211bn (including three new orders received from MSRDC and CIDCO), providing revenue visibility over the next 2-2.5 yearsContent 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: MoRTH Order a Near-Term Dampener. Maintain BUY

PNC Infratech Ltd

PNC Infratech: MoRTH Order a Near-Term Dampener. Maintain BUY