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PNC Infratech shines on receiving LoA for water supply project in JV with SPML Infra

05 Oct 2020 Evaluate

PNC Infratech is currently trading at Rs. 160.35, up by 2.30 points or 1.46% from its previous closing of Rs. 158.05 on the BSE.

The scrip opened at Rs. 162.00 and has touched a high and low of Rs. 162.00 and Rs. 160.00 respectively. So far 46 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 214.75 on 17-Feb-2020 and a 52 week low of Rs. 80.85 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 162.00 and Rs. 154.95 respectively. The current market cap of the company is Rs. 4054.60 crore.

The promoters holding in the company stood at 56.07%, while Institutions and Non-Institutions held 30.66% and 13.27% respectively.

PNC Infratech has received Letter of Award (LoA) in Joint Venture (JV) with SPML Infra for a project of construction of Haraulipur Group of Villages Water Supply Scheme (Surface Water) and Electric/Solar based Piped Ground Water Supply Scheme in Hamirpur District, Uttar Pradesh including Commissioning and Operation & Maintenance for 10 years for a value of Rs 289.83 crore, from State Water & Sanitization Mission, Namami Gange and Rural Water Supply Department, Government of Uttar Pradesh on October 1, 2020.

The company’s share in the JV is 95%. The price bids for the Project were opened on September 7, 2020 and PNC JV's bid was the lowest (L1). Construction of this project is to be completed in 24 months; operated and maintained for 10 years, post commissioning.

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.

PNC Infratech Share Price

203.55 1.70 (0.84%)
17-Apr-2026 16:59 View Price Chart
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