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Sharekhan Is Positive On Infra Sector, Recommends Buy 2 Small Cap Stocks For Robust Gains

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KNR Constructions Limited

KNR Constructions Limited

KNR Constructions (KNR) is a multidomain infrastructure development company primarily engaged in the construction of roads, flyovers, bridges, and irrigation projects. It is a small-cap company with a market cap of Rs 7,357.10 crore.

The brokerage has recommended buy the stock with a target price of Rs 300 apiece. Considering the given target price, the stock is likely to surge up to 15% in 12 months if purchased at the current market price.

The KNR stock on NSE last traded at Rs 261.95 apiece, 3.97% up as compared to its previous close. On 1 February 2022, the stock recorded its 52-week high level at Rs 329.85 and while the 52-week low level was recorded on 20 October 2022 at Rs 202.70, respectively. 

The stock has given 9.82% positive returns in 1 month, whereas, in 1 month, it has given 18.51% positive returns. Over a year, the stock has fallen marginally, giving 0.48% negative returns. The stock gave the maximum of 124.02% multibagger returns in 3 years, whereas, in 5 years it gave massive 87.83% positive returns.

 

PNC Infratech Limited

PNC Infratech Limited

PNC Infratech Limited is one of the country’s leading construction, infrastructure development, and management firms. It is a small-cap company having a market capitalisation of Rs 7,003.32 crore. 

The brokerage placed a “buy” call to PNC Infratech shares with a target price of Rs 323 per share. Considering the given target price, if the stock is purchased at the current market price it could give up to 19% returns on investments.

The current market price (CMP) of PNC Infratech on NSE is Rs 273 apiece, 0.78% up from its previous closing. Its 52-week high is Rs 318, reached on 1 February 2022, and its 52-week low is Rs 219, recorded on 17 June 2022.

The stock has given 3.19% positive returns in the past 1 week, whereas, in the past 1 month, it has given 5.88% positive returns. However, in 1 year, the stock has fallen 4.31%. In three years, the sock gave 40.83% positive returns, while in five years, it gave a maximum of 42.41% positive returns on investments.

Disclaimer

Disclaimer

The stocks have been picked from the brokerage report of Sharekhan. Greynium Information Technologies, the Author, and the respective Brokerage house are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before making any investment decision.





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