PNC Infratech Rises After Winning ₹495.54 Crore Bihar Road Project

Mumbai, September 22 (Udaipur Kiran News): Shares of PNC Infratech Ltd traded higher on the BSE after the company received a Letter of Acceptance (LoA) worth ₹495.54 crore from the Bihar State Road Development Corporation (BSRDC). The stock was quoted at ₹308.80, up ₹1.80 or 0.59% from its previous close of ₹307.00.

PNC Infratech

The scrip opened at ₹316.90 and touched an intraday high of ₹320.00 and a low of ₹308.15. A total of 1,37,670 shares were traded during the session. On a weekly basis, the stock has moved between ₹325.15 and ₹302.30. The company’s market capitalisation currently stands at ₹7,915.52 crore.

The awarded project involves the construction of a high-level bridge and approach road on the Hathouri–Atrar–Bavangama–Aurai Road in Bihar. The project, valued at ₹495.54 crore, is expected to be completed within three years.

PNC Infratech is a leading infrastructure construction, development, and management company with expertise in highways, bridges, flyovers, airport runways, power transmission lines, and industrial area development.

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