SMIFS retains 'Buy' on PNC Infratech shares, sees 38 upside even as Q1 results disappoint

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SMIFS retains 'Buy' on PNC Infratech shares, sees 38 upside even as Q1 results disappoint ☶ Brokers and Exchanges Commercial Banking Government Finance Lending Macroeconomic Theory Production Theory www.businesstoday.in
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PNC Infratech: The smallcap civil construction player reported weaker results both year-on-year (YoY) and quarter-on-quarter (QoQ), with revenue impacted by delays in receiving appointed dates (ADs) for certain HAM projects.