PNCINFRA.NSE News
Brief India: Asian Equities: Foreigners Continue to Sell Asia but Market Rotation Setting In and more
In this briefing: Asian Equities: Foreigners Continue to Sell Asia but Market Rotation Setting In Aequitas: Bluestone Jewellery IPO Lockup - US$400m Lockup Release for over 50% Stake Astral: Growth Momentum Builds, Market Share to Rise. Maintain BUY PNC Infratech Ltd - Execution Remains Key to Revenue Growth, Maintain HOLD Happiest Minds Technologies Ltd - Steady Performance; Growth Outlook Remains Intact! 1. Asian Equities: Foreigners Continue to Sell Asia but Market Rotation Setting In In January FIIs sold US$3.5 bn Asia-6 equities and till 10th February they have sold US$5.7bn. February marks the fourth month in succession that the FIIs are selling Asia. In February MTD, FIIs have sold US$6.5bn Korean equities and US$888m Taiwanese. They bought US$1.7bn India and US$23m Philippines. Thailand was also bought (US$139m in January), Indonesia sold heavily (US$588m). FII buying should restart in Korea, Taiwan soon. Flows into India have bounced back but it's too early to predict a sustainable reversal.
cityfalcon.com
Brief India: Astral: Growth Momentum Builds, Market Share to Rise. Maintain BUY and more
In this briefing: Astral: Growth Momentum Builds, Market Share to Rise. Maintain BUY PNC Infratech Ltd - Execution Remains Key to Revenue Growth, Maintain HOLD Happiest Minds Technologies Ltd - Steady Performance; Growth Outlook Remains Intact! Escorts Kubota Ltd - Structural Levers in Place; Near-Term Upside Capped NLC India Limited - Muted Q3 Results; Expansion Projects Largely on Track 1. Astral: Growth Momentum Builds, Market Share to Rise. Maintain BUY We met with Astral ED and CFO Mr Hiranand Savlani The management highlighted that plumbing demand has picked up in Q4, aided by channel restocking, with January plumbing volume growth exceeding 20% YoY Management anticipates the company’s plumbing volume growth to exceed 14% for FY26 Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below. 2. PNC Infratech Ltd - Execution Remains Key to Revenue Growth, Maintain HOLD Robust & Diversified Order Book: As of 31st Dec’25, PNCIL’s order book stood at Rs 19,300 Cr, over 3.5x FY25 revenue, ensuring visibility for the next 2–2.5 years.
cityfalcon.com
Brief India: PNC Infratech Ltd - Execution Remains Key to Revenue Growth, Maintain HOLD and more
In this briefing: PNC Infratech Ltd - Execution Remains Key to Revenue Growth, Maintain HOLD Happiest Minds Technologies Ltd - Steady Performance; Growth Outlook Remains Intact! Escorts Kubota Ltd - Structural Levers in Place; Near-Term Upside Capped NLC India Limited - Muted Q3 Results; Expansion Projects Largely on Track GR Infraprojects Ltd - Robust Order Book To Drive Growth; Retain BUY 1. PNC Infratech Ltd - Execution Remains Key to Revenue Growth, Maintain HOLD Robust & Diversified Order Book: As of 31st Dec’25, PNCIL’s order book stood at Rs 19,300 Cr, over 3.5x FY25 revenue, ensuring visibility for the next 2–2.5 years. In line with its diversification strategy, the company is broadening its bidding focus beyond roads to other sectors, aimed at reducing sectoral dependence and building a more resilient revenue base. We expect PNCIL to deliver a revenue CAGR of 5% over FY25–27E. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only.
cityfalcon.com
India’s Adani Enterprises wins creditor nod for $1.53bn takeover plan for Jaiprakash Associates, sources say
MUMBAI: Creditors of India’s Jaiprakash Associates unanimously backed Adani Enterprises’ 135-billion-rupee ($1.53 billion) takeover proposal for the bankrupt infrastructure group, preferring it over Vedanta’s bid, two officials familiar with the matter said. Creditors, mostly Indian banks, opted for Adani’s bid over Vedanta’s higher 170-billion-rupee offer because it included larger upfront payments preferred by stakeholders, the officials said on Wednesday, declining to be named as the matter is private. Besides Adani and Vedanta, other bidders included Dalmia Bharat, Jindal Power and PNC Infratech. Controlling shareholder Manoj Gaur had also submitted a last-minute bid, which was later withdrawn, said one of the officials said. Jaiprakash Associates, once one of India’s largest infrastructure conglomerates, owes creditors 550 billion rupees. Insolvency proceedings under India’s bankruptcy laws were initiated last June, making it one of the largest ongoing bankruptcy cases in the country.
cityfalcon.com
Brief India: Sansera Engineering Ltd - ADS Growth Momentum... and more
In this briefing: Sansera Engineering Ltd - ADS Growth Momentum... Tata Steel Ltd - Strong Operational Performance in Tough Quarter HG Infra Engineering Ltd - Slower Execution & Provisions Impact Performance. KNR Constructions Ltd - Result Below Expectations; Maintain HOLD PNC Infratech Ltd - Cut Esitmates On Revised Guidance; Maintain HOLD 1. Sansera Engineering Ltd - ADS Growth Momentum... ADS Segment Demonstrates Strong Momentum and Visibility: Sansera’s Aerospace, Defence and Semiconductor (ADS) segment continues to exhibit strong performance, reaffirming its position as a key growth engine for the company. Revenue stood at Rs 49.6 Cr in Q2FY26, taking H1FY26 sales to Rs 86.4 Cr, with management maintaining its full-year guidance of ~Rs 300 Cr, supported by consistent QoQ growth visibility. Segment margins remain significantly above the company average, estimated at 25–30%, and are currently trending toward the higher end of the range. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only.
cityfalcon.com