Trending stocks: PNC Infratech shares down nearly 1%

NEW DELHI: Shares of PNC Infratech Ltd. traded 0.44 per cent down in Thursday's trade at 10:39AM (IST). Around 4,085 shares changed hands on the counter.

The counter opened at Rs 129.05 and touched an intraday high and low of Rs 138.5 and Rs 129.05, respectively, in the session so far. Shares of the company of PNC Infratech Ltd. quoted a 52-week high of Rs 219.4 and a 52-week low of Rs 80.85.

Total market cap of the PNC Infratech Ltd. stood at Rs 3463.28 crore at the time of writing this report.


Key Financials
The company reported consolidated sales of Rs 1346.7 crore for the quarter ended 31-Mar-2020, down 3.14 per cent from previous quarter's Rs 1390.41 crore and down 6.0 per cent from the year-ago quarter's Rs 1270.42 crore.

The net profit for latest quarter stood at Rs 90.388 crore, down 46.49 per cent from the same quarter a year ago.

Shareholding pattern
As of 31-Mar-2020, domestic institutional investors held 21.91 per cent stake in the firm, while foreign institutional investors held 6.37 per cent and the promoters 56.07 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 6.3 and a price-to-book ratio of 1.71. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

PNC Infratech Ltd. belongs to the Infrastructure - Roads/Tolls industry.