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PNC INFRA NEWS
PNC Infratech shares tank 20%. What’s triggering the steep plunge on Tuesday?PNC Infratech shares plunged after NHAI extended the debarment of Awadh Expressway to the company for three years, restricting its particip...- KNR Construction, other road & highway stocks tumble up to 53% in 2025. Budget is both a hope and hurdleIndian road and highway stocks are experiencing significant declines. Investor appetite is low due to a flat Budget 2025 capex and reduced ...
- Stocks in news: Vikran Engineering, Indus Towers, Waaree Energies, TCS, YES BankDomestic equities closed lower despite positive macro data, influenced by caution ahead of the GST Council meeting. Several companies are i...
- Big movers on D-Street: What should investors do with Jupiter Wagons, Hudco and PNC Infra?The benchmark indices closed nearly unchanged on Tuesday, following a record-breaking rally, as investors opted to stay on the sidelines, a...
- PNC Infra shares tank 10% following CBI raid on companyPNC Infra Share Price: PNC Infratech's shares experienced a sharp decline of 10% to Rs 470 during Tuesday's trading session on the BSE. Thi...
- Tailwinds of coordination between central and state governments: 7 companies from road construction and infrastructure sectorWhile government policy impacts every sector in one way or another, there are some sectors where government policy is the most important fa...
- Stocks in news: IndiGo, JSW Energy, Alembic Pharma, RVNL, KPI GreenGensol Engineering has won Gujarat Urja Vikas Nigam's 70 mw battery energy storage project, which is worth Rs 450 crore in revenues.
- This is the time to accumulate IT, valuations are in our favour: Varun SabooMidcap IT companies are doing well in comparison to their largecap counterparts, which were affected by Infosys' weak performance. They hav...
- Preferred picks! 5 smallcap infrastructure stocks that can rally up to 66%Brokerage firm Anand Rathi is bullish on a few infrastructure stocks, and its preferred picks include PNC Infratech and HG Infratech.
- Midcap, largecap stocks that are seen as key beneficiaries of Budget sopsJefferies said no news on tobacco tax is good for ITC. It likes capital goods plays, cement and pipe stocks. Citi sees industrial and infra...
- Biggest gainers and losers: Uflex rallies 20%, Kitex Garments sheds 8%
- Market Movers: RIL, YES Bank, RBL jump; 18 shares send out ‘buy’ signalsRBL Bank and YES Bank jumped 9 per cent and 36 per cent, respectively, after positive commentaries from their respective managements.
- Market Movers: IRCTC, YES Bank, Granules India rally; 66 stocks flash ‘buy’ signalSensex dropped 106 points to close at 41,460, while Nifty dipped 0.22% to settle at 12,175.
- Approach 2019 with value hunting in mind: Dipen Sheth, HDFC Securities“Infra cycle in India is unlikely to be broken materially by any government that comes to power.”
- We would go slightly underweight on PSU banks: Chakri Lokapriya, TCG AMC"Increased IT spend by the US corporates bodes well for the traditional Indian IT services business."
- Betting on IT, consumption and domestic cyclicals: Parag Thakkar, HDFC Securities“Once this demonetisation dust settles down, there will be a great focus on rural economy and so pesticide stocks like Dhanuka, PI or somet...
- Outlook not bright for IT in near term: Pankaj Sharma, Equirus SecuritiesPeople are worried that in the next two or three months, there would be a lot of news flow because of US elections about and the impact on ...
- Prefer PNC Infra in the EPC space: Amit KhuranaWell, primarily based on the EPC model. They do have BOT projects, but all except one are operational.
- Aggregate earnings still to show the effect of positive newsflow for midcaps: Amit KhuranaWell, quite a few. As I said, the news flow at the company level, at the segment level has been fairly supportive.
- PNC Infra plunges on debut on NSEThe stock plunged 7.14 per cent below the issue price to touch intraday low of Rs 351 on the back of weak market sentiment.
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