PNC INFRA

Sensex and Nifty rose 5% last month, with markets largely flat pre-Budget. Historically, Nifty shows -0.3% pre-Budget and -0.5% post. Post-Budget, Nifty sees 5.7% average gain in one month.

The financial performance of roads and construction companies in the June 2024 quarter is expected to remain muted due to delay in obtaining clearances related to acquisition of land parcels, severe heat wave across various parts of the country, and...

The benchmark indices closed nearly unchanged on Tuesday, following a record-breaking rally, as investors opted to stay on the sidelines, awaiting additional triggers.

PNC Infra Share Price: PNC Infratech's shares experienced a sharp decline of 10% to Rs 470 during Tuesday's trading session on the BSE. This drop occurred following news that the Central Bureau of Investigation (CBI) had conducted searches at the co...

Couple of months back PM Modi had mentioned his priorities of Modi 3.0. The first word which was used was infrastructure and then subsequently others. There should not be any surprise given the fact that even in the last ten years, infrastructure ha...

Among the sectors which have seen a strong re-rating in the last five years, probably infrastructure is amongst the top ones. Like many other sectors here also the re-rating has been largely due to policy push and government spending. If one looks a...

Gurmeet Chadha says one of the main issues with most EPC construction names is the working capital cycle and margins because the projects are long gestation, you do not know what commodity prices would behave and people have some memories of 2003 to...

Road construction and infrastructure as a sector first came to light close to 25 years back, when then Prime Minister Atal Bihari Vajpayee, kicked off the building of road projects with the aim to join north to south and east to west part of India. ...

While government policy impacts every sector in one way or another, there are some sectors where government policy is the most important factor both for growth and survival. Why it is important, because all of the spending in that sector is done by ...

Analysts had expected government capex to further increase by 10-15% for FY25. In FY24, the government had pegged a capex target of Rs 10 lakh crore. Of the total outlay for FY25, the government has allocated Rs 2.78 lakh crore for the road transpor...

PNC Infratech and PNC Infra Holdings, a wholly owned subsidiary of PNC Infratech had executed definitive agreements to sell equity stake in 12 road assets to Highways Infrastructure Trust for an enterprise value of Rs 9,005.7 crore. The road assets ...

"The transaction is one of the largest acquisitions in the highways sector. Annuity nature of cashflows from the Target Portfolio would provide further stability to our existing portfolio. This investment is in line with our thesis of acquiring asse...

"We look forward to integrating these assets into our portfolio and to continue our journey of high-quality asset management backed by world class ESG standards," said Neeraj Sanghi, Chief Executive Officer, Highway Concessions One (Investment Manag...

Even in volatile markets analysts are bullish on selective mid-cap stocks. One of the reasons could be the fact that while the earning season has been on the expected lines, the strong negative reaction in the market may be due to global market cond...

Even in volatile markets analysts are bullish on selective mid-cap stocks. One of the reasons could be the fact that while earning season has been one the expected lines but the strong negative reaction is largely in market is due to global market c...

Highways Infrastructure Trust, an infrastructure investment trust (InvIT) owned by KKR, plans to raise INR 515 crore ($68.3m) via a rights issue. The investment vehicle comprises six road assets with more than 450 km in total length across six India...

CEAT stock was in a consolidation zone for almost 5 weeks, but it managed to move out of the Symmetric Triangle pattern on Thursday at Rs 2,088. The breakout has activated a target of Rs 2,588 based on the pattern.

Private equity firm KKR's Highways Infrastructure Trust is in talks to buy a 12-road project portfolio from construction firm PNC Infratech for an enterprise value of $1.1bn. The deal would see KKR acquire 11 HAM roads and one BOT road located acros...

The government spending on infrastructure projects, especially on roads has remained at elevated levels for many years, this had a trickle down effect on many parts of the economy and specially companies which are ET screener powered by Refinitiv’s ...