PNC Infratech Ltd
PNCINFRA

157.55

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158.05

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Buy
Reco. Price
Rs 155.00
We recommend BUY on the stock on the back of its exposure to northern states which are seeing traction in EPC projects. Improved profitability and favourable financials will lead to positive outlook. The stock is trading at attractive P/E of 16.4x on FY19E earnings. (Target Price – Rs.171)
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50 DMA (.)
118.43
100 DMA (.)
111.97
200 DMA (.)
114.81
Weekly Range (.)
152.00
168.50
Monthly Range (.)
114.65
168.50
52 Weeks Range (.)
90.45
168.50
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