PNC Infratech is currently trading at Rs. 252.45, up by 7.35 points or 3.00% from its previous closing of Rs. 245.10 on the BSE.
The scrip opened at Rs. 252.00 and has touched a high and low of Rs. 256.05 and Rs. 251.15 respectively. So far 48171 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 395.55 on 13-Oct-2021 and a 52 week low of Rs. 217.50 on 06-May-2021.
Last one week high and low of the scrip stood at Rs. 256.05 and Rs. 239.60 respectively. The current market cap of the company is Rs. 6476.33 crore.
The promoters holding in the company stood at 56.07%, while Institutions and Non-Institutions held 39.80% and 4.13% respectively.
PNC Infratech has received Rs 82.68 crore towards bonus for early completion of one of its EPC projects namely 'Development of Purvanchal Expressway (Package V) from Sansarpur (District Sultanpur) to Gobindpur (District Azamgarh) Km. 164+300 to Km. 218+300, in the state of Uttar Pradesh' from Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), Authority, on March 16, 2022.
The project has been completed on October 26, 2021, 132 days ahead of the Scheduled Completion Date. Accordingly, bonus at the rate of 0.04% of the contract price (Rs 1566 crore), for each day of early completion, received by the company in terms of the contract agreement.
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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