PNC Infratech is currently trading at Rs. 148.40, up by 8.45 points or 6.04% from its previous closing of Rs. 139.95 on the BSE.
The scrip opened at Rs. 148.00 and has touched a high and low of Rs. 152.35 and Rs. 145.50 respectively.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 214.85 on 19-Aug-2019 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. 149.50 and Rs. 138.00 respectively. The current market cap of the company is Rs. 3590.27 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 Letters of Acceptance (LoA) for the 2 EPC Projects from National Highways Authority of India (NHAI) for an aggregate contract value of Rs 1547.80 crore on July 23, 2020.
The first project is for construction of Eight Lane Access Controlled Expressway starting from Junction with NH-47 near Bhamaiya village and ending at Junction with SH-175 in Baletiya village in Panchmahal District (Ch. 780+920 to 803+420; design Ch. 328+500 to Ch. 351+000) section of Delhi-Vadodara Greenfield Alignment (NH-148N) on EPC mode under Bharatmala Pariyojana in the State of Gujarat, for a contract value of Rs 758.40 crore, with a completion time of 24 months.
The another project is for construction of Eight Lane Access Controlled expressway starting from junction with SH-63 near Pratap Nagar village and ending at junction with NH-1 near Dodka village of Vadodara District (Ch. 824+920 to Ch. 844+382; Design Ch. 372+500 to Ch. 391+962) section of Delhi – Vadodara Greenfield Alignment (NH-148N) on EPC Mode under Bharatmala Pariyojana in the State of Gujarat, for a contract value of Rs 789.40 crore, with a completion time of 24 months. Bids for the said EPC Projects were submitted by the company on January 11, 2020.
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.
