PNC Infratech is currently trading at Rs. 170.50, up by 1.05 points or 0.62% from its previous closing of Rs. 169.45 on the BSE.
The scrip opened at Rs. 169.90 and has touched a high and low of Rs. 172.50 and Rs. 169.00 respectively. So far 4409 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. 173.35 and Rs. 162.80 respectively. The current market cap of the company is Rs. 4345.77 crore.
The promoters holding in the company stood at 56.07%, while Institutions and Non-Institutions held 30.35% and 13.58% respectively.
PNC Infratech has been declared as the L1 (lowest) bidder in an EPC Project in Andhra Pradesh namely, ‘Upgradation of Canal System from Pothireddypadu Head Regulator and BCR Complex from foreshore of Srisailam Reservoir and Improvements to existing SRBC/GNSS Canal up to berm level from Banakacherla Complex to Gorukallu Balancing Reservoir from KM 0.000 to KM 56.775’. The Water Resources Department, Government of Andhra Pradesh, Employer for the Project invited bids on August 26, 2020 (Second Call); 4 bids received in response and PNC Infratech’s bid at a quoted value of Rs 1000.72 crore declared as the first lowest bid (L1) on October 20, 2020. The project is to be constructed in 36 months.
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.
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