ICICI Securities Limited
Order book stands at strong | 10,950 crore PNC's order book (OB) was at | 10,950 crore (excluding Challakere-Hariyur HAM project) as of Q1FY20, 3.5x FY19 revenues, providing strong revenue visibility ahead. With appointed date for two HAM projects received in Q4FY19, execution on six out of seven HAM projects is in full swing. Furthermore, the management expects six projects viz. Dausa Lalsot, Etah Kasganj, Varanasi Gorakhpur, Nanau Dadon etc. with total order backlog of ~| 600 crore to get completed in FY20E. With such strong execution, the...
PNC Infratech Ltd. has lost -38.65% in the last 1 Year
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