Nirmal Bang Upgrades PNC Infratech to Buy Rating with ₹302 Target Price

1 min read     Updated on 09 Jan 2026, 09:22 AM
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Reviewed by
Naman SScanX News Team
Overview

Nirmal Bang has upgraded PNC Infratech to a Buy rating with a target price of ₹302.00. This positive rating revision indicates the brokerage's improved confidence in the infrastructure company's investment prospects. The upgrade provides investors with a favorable analyst perspective on the stock's potential performance in the current market environment.

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*this image is generated using AI for illustrative purposes only.

Nirmal Bang has upgraded its rating on PNC Infratech to Buy, accompanied by a target price of ₹302.00. This rating revision represents a positive shift in the brokerage firm's assessment of the infrastructure company's investment potential.

Rating Details

The following table summarizes the key details of Nirmal Bang's rating action:

Parameter: Details
Brokerage Firm: Nirmal Bang
New Rating: Buy
Target Price: ₹302.00
Company: PNC Infratech

Investment Implications

The upgrade to Buy rating indicates that Nirmal Bang views PNC Infratech as an attractive investment opportunity at current levels. The target price of ₹302.00 suggests the brokerage expects potential appreciation in the stock's value.

This rating change reflects the analyst's assessment of various factors that could influence the company's performance in the infrastructure sector. The Buy recommendation typically indicates that the brokerage believes the stock offers favorable risk-return characteristics for investors.

Market Context

PNC Infratech operates in the infrastructure development sector, which has been experiencing various market dynamics. The positive rating from Nirmal Bang adds to the analyst coverage of the company and provides investors with additional perspective on the stock's potential.

The target price establishment at ₹302.00 provides a specific benchmark for investors to evaluate the stock's performance against analyst expectations.

Historical Stock Returns for PNC Infratech

1 Day5 Days1 Month6 Months1 Year5 Years
+4.95%+5.87%-6.76%-27.45%-25.49%+16.39%

PNC Infratech Incorporates Wholly Owned Subsidiary for Renewable Energy Operations

1 min read     Updated on 31 Dec 2025, 03:46 PM
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Reviewed by
Radhika SScanX News Team
Overview

PNC Infratech Limited incorporated PNC REI Private Limited as a wholly owned subsidiary on December 31, 2025, with ₹15.00 lakh authorized and paid-up capital. The Special Purpose Vehicle will focus on renewable energy operations following the company's L-1 bidder status with NHPC Limited. The subsidiary operates under regulatory compliance with SEBI Listing Regulations as a related party entity.

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PNC Infratech Limited has incorporated a new wholly owned subsidiary to strengthen its presence in the renewable energy sector. The company announced the formation of PNC REI Private Limited as a Special Purpose Vehicle (SPV) on December 31, 2025, in compliance with SEBI Listing Regulations.

Subsidiary Details and Capital Structure

The newly incorporated subsidiary operates under the Corporate Identification Number U35105UP2025PTC240153. The company has established a solid financial foundation for its renewable energy operations.

Parameter: Details
Authorized Capital: ₹15.00 lakh (1,50,000 equity shares of ₹10.00 each)
Paid-up Capital: ₹15.00 lakh (1,50,000 equity shares of ₹10.00 each)
Business Focus: Renewable energy and related operations
Current Status: Yet to commence business operations

Strategic Background and Purpose

The incorporation follows PNC Infratech's earlier achievement as the L-1 bidder declared by NHPC Limited in July 2025. This strategic move positions the company to capitalize on opportunities in the renewable energy sector through a dedicated subsidiary structure.

PNC REI Private Limited has been established specifically to handle renewable energy projects and related activities. The SPV structure provides operational flexibility and focused management for the company's renewable energy initiatives.

Regulatory Compliance and Related Party Status

The subsidiary incorporation adheres to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As a wholly owned subsidiary, PNC REI Private Limited qualifies as a related party of PNC Infratech Limited.

Compliance Aspect: Details
Related Party Status: Yes, as wholly owned subsidiary
Transaction Basis: All transactions at arm's length
Regulatory Framework: SEBI Listing Regulations 2015
Industry Sector: Renewable Energy

The company has confirmed that any future transactions with the wholly owned subsidiary will be conducted on an arm's length basis, ensuring transparency and regulatory compliance. This incorporation represents PNC Infratech's commitment to expanding its infrastructure capabilities in the growing renewable energy sector.

Historical Stock Returns for PNC Infratech

1 Day5 Days1 Month6 Months1 Year5 Years
+4.95%+5.87%-6.76%-27.45%-25.49%+16.39%

More News on PNC Infratech

1 Year Returns:-25.49%