Hot Stocks | Here s Why PNC Infratech, JB Chemicals And Mahindra Holidays Are Buy Calls For Short Term moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Read more about PNC Infratech rises after JV bags Rs 2475 cr order on Business Standard. PNC Infratech rose 0.85% to Rs 189.05 after the company said it received letter of award for six new rural drinking water supply projects for an aggregate value of Rs 2475 crore.
Stocks in the news | SBI, Wipro, Infosys, PNC Infratech, GMR Infra, Tech Mahindra, Tata Motors
Hero MotoCorp, Tata Elxsi, Bharti Airtel, Bharat Rasayan, V2 Retail, Emami, Filatex India, Vikas Multicorp, HPL Electric & Power, Sterlite Technologies, Alkem Laboratories, are also among the stocks in focus today. Here is the list of stocks in the news today. Wipro | The software services provider is expected to report revenue growth within its given guidance for the quarter ended December 2020 driven by large deals wins. Key things to watch out for would be Q4 guidance; execution of past large deals; the outcome of annual budgeting cycle of clients and its implications for Wipro; large deal pipeline and pace of decision making; demand commentaries of key verticals; and exits and new hires resulting from the change in the organization structure.
With a strong balance sheet, a more-than-healthy order book and a worthy execution record, PNC Infratech is an attractive stock to buy into. HDFC Securities has recommended buy rating to the stock and sees an upside of over 30 percent in the stock within the next three months. Here are three cues investors should watch for while investing in PNC Infratech.
HDFC Securities see an upside of 30% in PNC Infratech stock
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The share price of PNC Infratech has gained 10% since the closing Wednesday as the asset management companies or mutual funds lapped up the shares.
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The share of PNC Infratech is at par with the price one year ago.
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HDFC Securities recommends buy rating to the PNC Infratech stock . It sees an upside of over 30% in the stock in a time frame of upto three months. Incorporated in the year 1999, PNC Infratech Limited is one of the front-ending infrastructure development, construction and management companies in the country. On Wednesday, shares of PNC Infratech Ltd lost 5.59% to close at ₹174.80 on BSE, over the previous close as CN Infrabuild Pvt Ltd sold 2.55 crore shares or 9.95% of equity of PNC Infratech worth over ₹447 crore through an open market transaction.