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).

PBA Infrastructure is expecting to touch Rs 2000 crore from orders in coming six months. The company is having orders of around Rs 900 crore currently. It is expected that it may go up to Rs. 2000 crore in nest two quarters. This has been informed by Ramlal Wadhwan, CMD of PBA Infrastructure while he was being interviewed by CNBC-TV18.

Mumbai-based PBA Infrastructure Ltd, formerly known as Prakash Building Associates, has secured an order worth Rs 70.8 crore from Mumbai Metropolitan Region Development Authority.

The orders are for the construction of skywalks at various places in Mumbai metropolitan region, the company said in a statement.

PBA Infrastructure is engaged in execution of civil engineering projects and specializes in construction of highways, dams, runways, bridges and other infrastructure projects.