External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>PNCIL has an order book of Rs 17,842 Cr (as of 31st Dec’22), with 90% of the orders now executable, indicating revenue visibility for the next 2-3 years.</li><li>In light of the company’s robust and diversified order book and better execution prowess, we expect PNCIL to post a revenue growthCAGR of 18% over FY22-25E.</li><li>In the Union Budget 2023-24,capex outlay has increased by 33% inthe Road sector and by 27% in the JJM, thereby providing larger opportunities for companies like PNCIL.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

PNCIL has an order book of Rs 17,842 Cr (as of 31st Dec’22), with 90% of the orders now executable, indicating revenue visibility for the next 2-3 years.In light of the company’s robust and diversified order book and better execution prowess, we expect PNCIL to post a revenue growthCAGR of 18% over FY22-25E.In the Union Budget 2023-24,capex outlay has increased by 33% inthe Road sector and by 27% in the JJM, thereby providing larger opportunities for companies like PNCIL.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

PNC Infratech Ltd - Robust Order Book, Efficient Execution To Drive Growth