PNC Infratech Limited up by 11.00%: Market Update By Espresso

EspressoLogy

Espresso shot of the day – PNC Infratech Ltd up by 11.00 percent

June 30, 2021
Espresso shot of the day – PNC Infratech Ltd up by 11.00 percent

PNC INFRATECH LTD 288.50 (+11.00%) BSE – INE195J01029 | 30TH JUNE 2021

PNC Infratech Ltd. is one of the front ending Indian infrastructure construction, development and management companies in the country, with wide experience and proven expertise in the execution of major infrastructure projects, including highways, bridges, flyovers, power transmission lines, airport runways, industrial area development and other infrastructure activities with an established track record of successful execution of projects across sectors and geographies. They provide end-to-end infrastructure implementation solutions that include engineering, procurement and construction ("EPC") services on a fixed-sum turnkey basis as well as on an item rate basis. They also execute and implement projects on a "Design-Build- Finance-Operate-Transfer" ("DBFOT"), Operate-Maintain-Transfer ("OMT") and other PPP formats. They are one of the very few infrastructure companies in the country that have proven investment, development, construction and management capabilities.

Recent Drivers

  • On 25th June, 2021, Net profit of PNC Infratech Ltd. rose by 66.35% to Rs 150.36 crores in the quarter ended March 2021 as against Rs 90.39 crores during the previous quarter ended March 2020.
  • On 25th June, 2021, Sales of PNC Infratech Ltd. rose by 38.43% to Rs 1864.27 crores in the quarter ended March 2021 as against Rs 1346.70 crores during the previous quarter ended March 2020.
  • On 25th June, 2021, PNC Infratech Ltd. informed that the Board of Directors of the Company has recommended a final dividend of 25% i.e. Rs 0.50/- per equity shares at face value of Rs 2/- each for the financial year ended March 31, 2021. It is subjected to the approval of the shareholders at the forthcoming Annual General Meeting.
  • On 27th March, 2021, The board of PNC Infratech Ltd. has approved divestment of the company's entire 35% stake in Ghaziabad Aligarh Expressway to Cube Highways and Infrastructure.
(Sources: Business Standard, Moneycontrol)


Technical Force*

  • S&P BSE 500 month till date gain up by 1.94%
  • Traded on new 52 Week High value of 298
  • 3 months avg. volume of NSE: 6,88,044
  • Quantity traded: 6,14,889 | Deliverable quantity: 1,84,883 (30.07%)
  • Stock price has jumped more than 130% from one year low level: 126.55 (Aug 05, 2020)
  • Daily RSI (14) is at Overbought territory today
  • 52-week-high: 298 | 52-week-low: 126.55

Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

367.82

291.28

233.92

157.38

100.02

23.48

-

-

Fibonacci Pivot

291.28

240.13

208.53

188.18

157.38

126.59

106.23

74.63

23.48


Today’s Close

288.50

SMA

BSE

10 DAY

255.19

20 DAY

255.85

50 DAY

246.14

200 DAY

212.12


Some Key Ratios (Source: BSE)

Market Cap: 7,401.15 crores

PE: 18.42

OPM%: 15.17

ROE%: 12.44

Promoters holding%: 56.07

Prev. Close: 259.90

*Chart And Technical Force data taken from the Binge desktop app.

The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Sharekhan comtrade bears no responsibility. References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Sharekhan Comtrade Private Limited is under no obligation to update the information in this document from time-to-time.



Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.