Stock market analyst Gajendra Nagpal of Unicon Financil has maintained 'buy' rating on PBA Infrastructure Ltd stock to achieve a target of Rs 105.

According to analyst, the investors can achieve the said target within a period of 12-18 months.

Today, the stock of the bank opened at Rs 91.70 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 107 and a low of Rs 61.50 on BSE.

ON September 22, the company has bagged a deal valued at Rs 2.52 billion from GVK Deoli Kota Expressway (P).

The said deal is for civil construction works for project 3: Bundi - Kota Section of NH -12 from 42.300 km to 83.042 km at Junction of NH - 76 on Kota Bypass in the state of Rajasthan comprising project facilities, all duties and related works.

On September 21, the company announced that it has bagged deals from different firms worth Rs 178 crore.

PBA Infrastructure Ltd is involved in implementation of civil engineering projects and specializes in building up roads, sams, Runways and heavy RCC structures, Bridges in addition other infra projects across all regions of the country.