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PNC Infratech Consolidated September 2023 Net Sales at Rs 1,911.38 crore, up 6.48% Y-o-Y

HDFC Securities is bullish on PNC Infratech has recommended buy rating on the stock with a target price of Rs 452 in its research report dated October 03, 2023.

Buy PNC Infratech; target of Rs 452 HDFC Securities

Geojit is bullish on PNC Infratech has recommended buy rating on the stock with a target price of Rs 438 in its research report dated September 03, 2023.

Buy PNC Infratech; target of Rs 438: Geojit

ICICI Direct is bullish on PNC Infratech recommended buy rating on the stock with a target price of Rs 460 in its research report dated September 22, 2023.

Buy PNC Infratech; target of Rs 460: ICICI Direct

PNC Infratech announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2023.

PNC Infratech schedules AGM

 PNC Infratech has fixed 22 September 2023 as record date for payment of dividend. 

PNC Infratech fixes record date for dividend 

Agarwal holds a bachelors degree in science from Garhwal University, Dehradun and is also a qualified chartered accountant.He has over 40 years of experience in the field of accounts, finance and taxation. He earlier worked as CFO of the company and also worked with Vacmet India as a CFO.PNC Infratech is engaged in Indias infrastructure development through the construction of highways including BOT (built, operate and transfer projects), HAM (Hybrid Annuity Model), airport runways, bridges, flyovers and power transmission projects, among others.The companys consolidated net profit declined 24.9% to Rs 180.62 crore on 1.9% increase in net sales to Rs 2,091.70 crore in Q1 FY24 over Q1 FY23.

PNC Infra rises on appointing Devendra Agarwal as CFO

The Board of PNC Infratech at its meeting held on 30 August 2023 has approved the appointment of Devendra Kumar Agarwal as Chief Financial Officer of the company with effect from 30 August 2023. 

Board of PNC Infratech appoints CFO 

According to the report, the combined road awards by NHAI and the Ministry of Road Transport and Highways reached 514 km in July 2023, which is a significant jump from the 229 km awarded in June 2023

Road awarding gains momentum in July 2023: Nuvama

PNC Infratech Standalone June 2023 Net Sales at Rs 1,861.43 crore, up 5.88% Y-o-Y

PNC Infratech Ltd. engages in the infrastructure development and construction business. It includes build, operate, and transfer (BOT) projects, airport runways, bridges, flyovers, and power transmission projects. It operates through the Contract and Toll Annuity segments. The company was founded by Pradeep Kumar Jain on August 9, 1999 and is headquartered in Agra, India.

Watchers	107
52-Wk Low	237.00
52-Wk High	387.70

Market Cap	83.84B
Volume (M)	225,485.00
52-Wk High	387.70
52-Wk Low	237.00

PNCINFRA.NSE PNC Infratech Ltd.

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