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PNC Infratech moves higher on emerging as L1 bidder for Uttar Pradesh project

28 Mar 2023 Evaluate

PNC Infratech is currently trading at Rs. 282.30, up by 16.90 points or 6.37% from its previous closing of Rs. 265.40 on the BSE.

The scrip opened at Rs. 272.90 and has touched a high and low of Rs. 286.30 and Rs. 271.65 respectively. So far 68625 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 354.55 on 03-Feb-2023 and a 52 week low of Rs. 219.35 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 290.00 and Rs. 261.25 respectively. The current market cap of the company is Rs. 7288.28 crore.

The promoters holding in the company stood at 56.07%, while Institutions and Non-Institutions held 38.90% and 5.03% respectively.

PNC Infratech has been declared the L1 (Lowest) bidder for a Highway Project namely ‘Construction of 4-lane highway from Km 49.155 to Km 74.700 (Singraur Uphar to Baranpur Kadipur Ichauli) of NH-731A with paved shoulders (i/c Ganga Bridge) in the state of Uttar Pradesh on Hybrid Annuity Mode (Package-III)’ from MORT&H with a bid project cost of Rs 819.0 crore, on March 27, 2023. Price bids were opened on March 27, 2023, with PNC’s bid being the lowest. Project is to be constructed in 24 months and operated for 15 years, post construction.

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

196.00 9.35 (5.01%)
15-Apr-2026 10:40 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4084.50
Rail Vikas Nigam 281.65
NCC 154.60
KEC International 569.00
Kalpataru Projects 1207.30
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