PNC Infratech - Recent Additions An Augury, But More Needed: Anand Rathi

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Anand Rathi Report.With no new road engineering, procurement and construction/hybrid annuity orders since July 2020, irrigation/ water-orders and the recent user-fee toll-collection contract keep PNC Infratech Ltd.’s assurance respectable, and make growth possible in the foreseeable future. Efforts are underway to add road orders; bids have already been placed, anticipated year-end surge in awarding and gradual restoration of diluted pre-qualifications/other relaxations (movement visible already) would help. The standalone leverage rose, but is not discomfiting (drawdowns consciously delayed at special purpose vehicles). Any monetisation receipts as well as drawdowns at special purpose vehicles constitute potential for PNC Infratech's balance sheet to turn sturdier..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

PNC Infratech - Recent Additions An Augury, But More Needed: Anand Rathi

PNC Infratech - Recent Additions An Augury, But More Needed: Anand Rathi

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