PNC INFRATECH LTD Q2 RESULTS
![Stocks to buy: Pick stocks with high operational efficiency; 5 stocks with up to 17.3% upside](https://img.etimg.com/thumb/msid-112238990,width-100,height-75,resizemode-4/wealth/invest/stocks-to-buy-pick-stocks-with-high-operational-efficiency-5-stocks-with-up-to-17-3-upside.jpg)
Stocks to buy: Pick stocks with high operational efficiency; 5 stocks with up to 17.3% upside
To identify operationally efficient companies, annual data for the last three years have been considered for companies with market caps greater than Rs.100 crore. Financial sector stocks have not been included. The cost-to-income ratio has been worked out for the last three financial years, with 2023-24 as the latest financial year. The companies that have maintained cost-to-income ratios lower than their respective industry medians in all of the last three financial years have been considered. Only those companies that have improved their cost-to-income ratios in 2023-24, compared to 2022-23, have been further screened.
![Construction companies likely to report subdued growth in Q1 amid lower awarding of projects, slow execution](https://img.etimg.com/thumb/msid-111637608,width-100,height-75,resizemode-4/markets/stocks/earnings/construction-companies-likely-to-report-subdued-growth-in-q1-amid-lower-awarding-of-projects-slow-execution.jpg)
Construction companies likely to report subdued growth in Q1 amid lower awarding of projects, slow execution
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 slack in construction activities amid the general elections held during the quarte
![PNC Infratech likely to improve performance on order strength](https://img.etimg.com/thumb/msid-110541707,width-100,height-75,resizemode-4/markets/stocks/news/after-muted-q4-pnc-infratech-likely-to-improve-performance-on-improving-order-book.jpg)
PNC Infratech likely to improve performance on order strength
The company's financial performance in the March 2024 quarter was lower than the Street's estimates. The company's standalone revenue increased by 10.8% year-on-year to Rs 2,342 crore.
![Q4 results today: NTPC, Hindalco among 257 companies to announce earnings on Friday](https://img.etimg.com/thumb/msid-110379843,width-100,height-75,resizemode-4/markets/stocks/earnings/q4-results-today-ntpc-hindalco-among-257-companies-to-announce-earnings-on-friday.jpg)
Q4 results today: NTPC, Hindalco among 257 companies to announce earnings on Friday
257 companies, including NTPC, Hindalco, and Novelis, to announce Q4 earnings. Hindalco may see muted revenues but higher profitability. NTPC expected to have a decline in PAT compared to Q4FY23.
![Q4 results this week: ITC, ONGC, Sun Pharma, Nykaa, Ircon International and IRFC](https://img.etimg.com/thumb/msid-110244356,width-100,height-75,resizemode-4/markets/stocks/news/q4-results-this-week-itc-ongc-sun-pharma-nykaa-ircon-international-and-irfc.jpg)
Q4 results this week: ITC, ONGC, Sun Pharma, Nykaa, Ircon International and IRFC
ITC, ONGC, IRFC, Ircon International, BHEL, BEL, Sun Pharma, Nykaa, Tata Investment Corporation, Hindalco, Ashok Leyland, and Divi's lab will be releasing their March quarter report cards this week.
![16 smallcap stocks with over 100% growth in profit & sales. Watchlist these tiny tornadoes!](https://img.etimg.com/thumb/msid-108059544,width-100,height-75,resizemode-4/markets/stocks/news/16-smallcap-stocks-with-over-100-growth-in-profit-sales-watchlist-these-tiny-tornadoes.jpg)
16 smallcap stocks with over 100% growth in profit & sales. Watchlist these tiny tornadoes!
India Inc's December quarter earnings showed weakening profit momentum at an overall level but we filtered out a list of 16 smallcap companies which reported over 100% growth in sales and profit on a YoY basis. 14 out of 16 of these stocks have already given multibagger returns in last one year.
- Go To Page 1
PNC Infratech shares climb 9% on selling an equity stake in 12 road assets
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 are in Uttar Pradesh, Madhya Pradesh, Karnataka and Rajasthan.
Stocks in news: Jio Financial, Angel One, HDFC Bank, Federal Bank, LTTS
Jio Financial Services reported a 56% sequential fall in consolidated net profit for the quarter ended December to Rs 294 crore. Consolidated revenue from operations fell nearly 32% from the previous quarter to Rs 414 crore.
Diversified construction companies in focus as award of govt road orders slows
Over the past year, awarding of road projects has been below the target. In FY23, the National Highways Authority of India (NHAI) awarded 6,003 km of road projects compared with a target of 6,500 km. In the first half of FY24, MoRTH awarded road projects of close to 2,595 km during the period compared with a target of 12,500 km for FY24.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
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 conditions which are getting into risk off mode with rising US yeild. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
If domestic macros hold up well, we continue to prefer smallcaps: Pankaj Pandey
“I do not sense most of the FMCG names outperforming the market and which is why you would not see any active recommendation coming from us in this pack. They had done their job when nothing was working in the market, they did well. But going forward, structurally, one should be underweight in FMCG as an entire pack.”
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 15%, according to analysts
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 condition than domestic. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 15%, according to analysts
Even in volatile markets analysts are bullish on selective mid-cap stocks. One of the reasons, impact of developments in Israel has not been as hard as the street was expecting both in commodity and global equity markets. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
For risk takers: 5 small & midcap stocks from different sectors with potential upside of up to 44%
After 6 months of relentless rally, mid-cap stocks witnessed some correction in the last three to four weeks. Will this correction last longer would depend on a couple of things. First earnings in this space and second foreign institutional investor ( FII) flows over the next two months and third is state elections results. At this point of time analysts are bullish on select midcap stocks, ones which have seen their score improving. Stocks from sugar, infrastructure and engineering are on the list. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
In the recent phase of correction which the nifty witnessed for four weeks, mid-cap stocks were still under the control of bulls. Overall market participation in this segment continues to rise with market breadth being positive. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
6 fundamentally strong stocks with upside scope of up to 25% that can help manage volatility
The companies that report substantial improvement in financial performance can prove valuable investment bets and can help manage market risks.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
After forming a new high, Nifty has moved into a phase of correction. But as the mid-cap stocks are still under the control of bulls, market participation continues to rise. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
For risk takers: 5 midcap stocks from different sectors with score improvement and potential upside of up to 31%
While the nifty corrected last week, even then more mid caps stocks are joining the party. Stocks from sectors like construction, pharma fertilizer have come to the list. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.
Consider stocks with low risk-reward ratio: 5 stocks with up to 28% upside potential
Despite the experts’ concern about stretched valuations and continuing macro issues, the stocks offering a low risk-to-reward ratio could prove to be good bets.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 25%, according to analysts
The strength of the ongoing rally in the market is clear from the fact that market breadth in all the segments of the market is largely positive, that is more number of stocks are rising then falling. The nifty mid-cap index makes an attempt to move into green territory even when nifty is trading in red and a number of times it is successful also. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
With Sensex above 65000-mark, brokerages are betting on these 30 stocks for high returns
Most money managers believe that the current rally in the Indian stock market has more legs as valuations are reasonable. Axis Securities and Motilal Oswal Securities favour the "growth at a reasonable price" theme and domestic-oriented companies. ICICI Bank, Maruti Suzuki, State Bank of India, RITES, Federal Bank, Varun Beverages, Ashok Leyland, PNC Infratech, ITC, Aarti Drugs, Relaxo Footwears, Mahindra CIE, Praj Industries, CCL Products, Polycab India, and CreditAccess Grameen are among their top picks. Experts expect the market positioning to shift to banks and domestic-cyclical stocks as more than half of the sectors still trade at a discount to their average.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 25%, according to analysts
The strength of the ongoing rally in the market is clear from the fact that market breadth in all the segments of the market is largely positive, that is more number of stocks are rising then falling. The nifty mid-cap index makes an attempt to move into green territory even when nifty is trading in red and a number of times it is successful also. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 25%, according to analysts
The strength of the ongoing rally in the market is clear from the fact that on days when the nifty is sliping southward, the nifty mid-cap index makes an attempt to move into green territory. A number of times is successful also in out performing Nifty itself. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
5 road construction & contracting focussed companies with ‘buy’ rating can rise up to 47%
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 Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 25%, according to analysts
The strength of the ongoing rally in the market is clear from the fact that on days when the nifty is sliping southward, the nifty mid-cap index makes an attempt to move into green territory. A number of times is successful also. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
5 midcap stocks that have beaten volatile markets can rise up to 31%
Nifty might be under some pressure, but the overall equation is still in favor of bulls. From a carbon black maker to construction company to southern India focussed banks have seen an improvement along with price action supporting the bulls. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.
Stocks in news: Paytm, Adani Power, Coal India, Amara Raja, Olectra Greentech
Alembic Pharma has reported a profit after tax of Rs 153 crore for the quarter ended March 2023 compared to Rs 22 crore in the March quarter of 2022. Revenue from operations declined marginally to Rs 1406.45 crore in the quarter ended 31 March 2023 from Rs 1415.74 crore in the same quarter last year.
Smallcap stock zooms 8% on Rs 819 crore-order win boost
As per Trendlyne data, the average target price of the stock is Rs 402, an upside potential of 43% from the current market prices. The consensus recommendation from 12 analysts for PNC Infratech is Buy. Out of these analysts, 11 have strong buy ratings, while one has a buy call.
Bleeding red! Vodafone Idea, Paytm among 10 highest loss-making companies in Q2
In the hope of getting multibagger returns, many new investors often place bets on loss-making companies that may stage a turnaround later on. Market experts, however, warn against such hope trades and suggest focusing on companies with high growth visibility.
Load More