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HDFC Securities see an upside of 30% in PNC Infratech stock

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. ....

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