PNC Infratech Ltd
PNCINFRA

117.10

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116.45

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Accumulate
Reco. Price
Rs 114.20
We recommend ACCUMULATE on the stock on the back of its exposure to northern states which are seeing traction in EPC projects. Improved profitability and favourable financials lead to positive outlook. The stock is trading at attractive 15.8x P/E of FY18E earnings. (Target Price – Rs.125)
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50 DMA (.)
105.59
100 DMA (.)
107.25
200 DMA (.)
112.26
Weekly Range (.)
109.85
120.00
Monthly Range (.)
99.50
120.00
52 Weeks Range (.)
90.45
134.90
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