Updated: June 13, 2018, 7:19 AM IST
PNC Infratech The stock can achieve a target of Rs 210 in 12 months. It is clear that by applying 10 thousand rupees, you can get 12 thousand rupees.
Let's first look at the performance of the stock: –one week: Rose 6 percent
three months: Rose 12 percent
Six months: -4 percent rolled
One year: Rose 22 percent
Gaurang Shah of Geojit Financial has chosen PNC Infratech's stock as the top pick and recommends buying from a long-term perspective. He believes that PNC Infratech's stock can see up to Rs 210 in a period of 2-3 years. The stock of PNC Infratech is currently trading near Rs 175.
Gaurang Shah said that PNC Infratech is an infrastructure construction company. The company makes highways, flyovers and airport runways. The company's profit has increased in the fourth quarter. In the fourth quarter of FY 2018, the company's profit increased by 116 percent. The company's EBITDA margin has seen an increase. The company has also received a bonus of Rs 58 crore. The company is expected to grow 38 percent in the financial year 2018-20.
Profits increased 3 times
In the fourth quarter of FY 2018, PNC Infra's profit grew 300 per cent to Rs 111.52 crore. PNC Infra had a profit of Rs 33.74 crore in the fourth quarter of FY 2017.
10 thousand will come to your account in a few minutes, just have to do this work
Income increased 111 percent
In the fourth quarter of FY 2018, PNC Infra's income rose 111 percent to Rs 765.52 crore. PNC Infra's income in the fourth quarter of FY 2017 was Rs 361.15 crore.
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First published: June 13, 2018, 7:19 AM IST