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Re-rating on the cards for PNC Infratech if asset monetisation works out, say analysts

PNC Infratech is said to be in discussions to sell 12 road assets to KKR#39;s roads platform, Highways Infrastructure Trust, for an EV of about Rs 9,000 cr. Nomura says if the deal goes through, the rerating of the stock to 12 times PE is likely. Swastika sees strong likelihood of stock hitting all-time high of Rs 395.

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​ PNC Infratech is said to be in discussions to sell 12 road assets to KKR#39;s roads platform, Highways Infrastructure Trust, for an EV of about Rs 9,000 cr. Nomura says if the deal goes through, the rerating of the stock to 12 times PE is likely. Swastika sees strong likelihood of stock hitting all-time high of Rs 395. PNC Infratech is said to be in discussions to sell 12 road assets to KKR#39;s roads platform, Highways Infrastructure Trust, for an EV of about Rs 9,000 cr. Nomura says if the deal goes through, the rerating of the stock to 12 times PE is likely. Swastika sees strong likelihood of stock hitting all-time high of Rs 395.  Moneycontrol Latest News Read More  

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