Two Multibagger Stocks (Infrastructure and Railway) to Buy Immediately 🔥Good News for Markets

 )PNC Infratech Limited

 

Vision

To become among the top 3 infrastructure investment, development and construction solution providers in the country by year 2025.

Mission

We at PNC Infratech Limited strive to become a spearheading force in delivering infrastructure projects by continually achieving excellence in all spheres of activities while maintaining our leadership in timely completion of projects by adopting state-of-the-art and sustainable technologies.

Our Strengths

• High profitability margins and continued growth
• Ability to execute projects in a timely manner
• Continuous growth in our bid capacity and pre qualification capability
• Highly qualified management team and experienced employee base
• Ownership of a large fleet of equipment

Philosophy

In this age of technological revolution and globalization, one must think globally and act locally in the best interest of value creation and nation building.

Growth Strategy

• To expand into new functional areas with continued preference for roads & highways space
• To continue focus on EPC contracts while carefully increase penetration in DBFOT projects
• To maintain performance efficiency and competitiveness across all business activities
• To develop & maintain strong relationships with our clients and strategic partners
• To strengthen systems and internal processes
• To adopt sustainable practices in all spheres of operations

Clientele

We take pride in having a long list of satisfied customers, who have faith in our abilities and construction prowess.

Some of our major clients include :

• National Highway Authority of India
• Airports Authority of India
• RITES Limited
• Military Engineering Services, (GOI)
• Madhya Pradesh Road Development Corporation Limted
• P.W.D. UP (World Bank Aided & other Projects)
• UP Power Corporation Limited
• Delhi State Industrial & Infrastructure Development Corporation Limited
• Dedicated Freight Corridor Corporation of India Limited

Company's Presence

We have executed/ are executing projects across various states in India covering:

• Rajasthan
• Punjab
• Haryana
• Uttarakhand
• Uttar Pradesh
• Delhi
• Bihar
• West Bengal
• Assam
• Madhya Pradesh
• Maharashtra
• Karnataka
• Tamil Nadu 

2)

Indian Railway Finance Corporation

Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking^[4] engaged in raising financial resources for expansion and running through capital markets and other borrowings.^[5] The Government of India owns a majority stake in the company, while the Ministry of Railways has the administrative control.^[6]

History[edit]

IRFC was founded by A.Kishore .^[1] It started borrowing from the market in 1987–88.

The company[edit]

IRFC raises money through financial bonds and from banks and financial institutions.^[7][8] In 2019 Amitabh Banerjee was appointed as the Managing Director of the company.^[9]

The company announced its initial public offering on 18 January 2021^[10] and got listed on the National Stock Exchange of India / Bombay Stock Exchange on 29 January 2021.

Board of directors[edit]

Current Board of Directors of Indian Railway Finance Corporation includes Amitabh Banerjee as Chairman and Managing Director, Shelly Verma as Director (Finance) & Chief Financial Officer, Baldeo Purushartha as Nominee Director, Bhaskar Choradia as Nominee Director, Vallabhbhai Maneklal Patel as Non-Official Independent Director, and Sheela Pandit as Non-Official Independent Director.^[11]

See also[edit]

• Rail Vikas Nigam, involved in building rail infrastructure required by the Indian railways.

Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking^[4] engaged in raising financial resources for expansion and running through capital markets and other borrowings.^[5] The Government of India owns a majority stake in the company, while the Ministry of Railways has the administrative control.^[6]

History[edit]

IRFC was founded by A.Kishore .^[1] It started borrowing from the market in 1987–88.

The company[edit]

IRFC raises money through financial bonds and from banks and financial institutions.^[7][8] In 2019 Amitabh Banerjee was appointed as the Managing Director of the company.^[9]

The company announced its initial public offering on 18 January 2021^[10] and got listed on the National Stock Exchange of India / Bombay Stock Exchange on 29 January 2021.

Board of directors[edit]

Current Board of Directors of Indian Railway Finance Corporation includes Amitabh Banerjee as Chairman and Managing Director, Shelly Verma as Director (Finance) & Chief Financial Officer, Baldeo Purushartha as Nominee Director, Bhaskar Choradia as Nominee Director, Vallabhbhai Maneklal Patel as Non-Official Independent Director, and Sheela Pandit as Non-Official Independent Director.^[11]

See also[edit]

• Rail Vikas Nigam, involved in building rail infrastructure required by the Indian railways.

by A.Kishore .^[1] It started borrowing from the market in 1987–88

Dividend Summary

For the year ending March 2022 Indian Railway Finance Corporation has declared an equity dividend of 14.00% amounting to Rs 1.4 per share. At the current share price of Rs 33.35 this results in a dividend yield of 4.2%.

Indian Railway Finance Corporation had last declared a dividend of 14.00% for the year ending March 2022.

Announcement Date	Ex-Date	Dividend Type	Dividend (%)	Dividend (Rs)	Remarks
31-10-2022	17-11-2022	Interim	8	0.80	Rs.0.8000 per share(8%)Interim Dividend (RD Revised)
20-05-2022	15-09-2022	Final	6.3	0.63	Rs.0.6300 per share(6.3%)Final Dividend
20-10-2021	10-11-2021	Interim	7.7	0.77	Rs.0.7700 per share(7.7%)Interim Dividend
09-02-2021	17-02-2021	Interim	10.5	1.05	Rs.1.0500 per share(10.5%)Interim Dividend