Moneycontrol
HomeNewsBusinessStocksBuy PNC Infratech; target of Rs 271: Dolat Capital
Trending Topics

Buy PNC Infratech; target of Rs 271: Dolat Capital

Dolat Capital is bullish on PNC Infratech has recommended buy rating on the stock with a target price of Rs 271 in its research report dated September 09, 2020.

September 10, 2020 / 15:22 IST
Story continues below Advertisement

Dolat Capital's research report on PNC Infratech

The annual report highlights how PNC Infratech’s business model and strategies helped the company progress over the years. The integrated business model of owning equipment bank ensures quick mobilization and continuous availability of equipment leading to timely completion of projects. Owning quarries helps securing raw materials within scheduled time.

Story continues below Advertisement

Outlook

In house design and engineering controls the entire process from conceptualization to commissioning and lastly in house construction ensures timely completion of projects and reduce reliance on third parties and lowering costs.