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. 

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.

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>PNC Infratech Ltd (PNCIL) reported a decent set of Q3FY22 numbers driven by its superior execution and a robust order book</li><li>The company reported revenue of Rs 1,522 Cr (up 15% YoY), EBIDTA of Rs 166 Cr (down 7% YoY), and APAT of Rs 81 Cr (down 22% YoY)</li><li>We retain our BUY rating on the stock with a target price of Rs 385/share, implying an upside of 39% from the CMP.</li></ul><div class="content-highlight"><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></div>

PNC Infratech Ltd (PNCIL) reported a decent set of Q3FY22 numbers driven by its superior execution and a robust order bookThe company reported revenue of Rs 1,522 Cr (up 15% YoY), EBIDTA of Rs 166 Cr (down 7% YoY), and APAT of Rs 81 Cr (down 22% YoY)We retain our BUY rating on the stock with a target price of Rs 385/share, implying an upside of 39% from the CMP.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: Strong Topline Performance