India's PNC Infratech up after qtrly profit rises

PNC Infratech

06/02/2024 07:46

** Shares of PNC Infratech  PNCI.NS  up 4.2% to 459 rupees 
    ** Construction co's qtrly profit rose 32%, rev up 13.5%
    ** More than 1 mln shares traded, roughly the same as 30-day
avg
    ** Avg rating of 14 analysts covering the stock is "Strong
Buy"; their median PT is 432 rupees - LSEG
    ** Stock rose 21.8% in 2023, its third straight year of
gains

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))