PNC Infratech is currently trading at Rs. 130.60, up by 2.40 points or 1.87% from its previous closing of Rs. 128.20 on the BSE.
The scrip opened at Rs. 133.00 and has touched a high and low of Rs. 134.80 and Rs. 129.45 respectively. So far 11461 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 228.40 on 26-Dec-2017 and a 52 week low of Rs. 122.70 on 01-Oct-2018.
Last one week high and low of the scrip stood at Rs. 138.20 and Rs. 124.80 respectively. The current market cap of the company is Rs. 3343.99 crore.
The promoters holding in the company stood at 56.07%, while Institutions and Non-Institutions held 28.14% and 15.79% respectively.
PNC Infratech’s wholly owned subsidiary-- PNC Challakere (Karnataka) Highways has achieved financial closure by submitting duly executed financing documents to NHAI for the Hybrid Annuity Model (HAM) Project.
The project is for development of four Laning from km 358.500 to km 414.205, Challakere to Hariyur section of NH-150 A, on Hybrid Annuity Mode under Bharatmala Pariyojna in the State of Karnataka.
The Company is within the timeframe for achieving the Financial Closure as specified in the Concession Agreement for this project. With the above submission, the company has submitted duly executed financing Documents to NHAI with regard to the Financial Closure for all the 7 Hybrid Annuity Model (HAM) Projects secured by it so far.
PNC Infratech is an infrastructure construction, development and management company, with expertise in execution of major infrastructure projects, including highways, bridges, flyovers, airport runways, power transmission lines, development of industrial areas and other infrastructure activities.
| Company Name | CMP |
|---|---|
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| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
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