PNC Infratech moves higher after emerging as L1 bidder for Chhattisgarh project
PNC Infratech is currently trading at Rs 306.00, up by 7.55 points or 2.53% from its previous closing of Rs 298.45 on the BSE.
The scrip opened at Rs 306.05 and has touched a high and low of Rs 314.85 and Rs 304.25 respectively. So far 91682 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 2 has touched a 52-week high of Rs 529.80 on 29-Jul-2024 and a 52-week low of Rs 235.70 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs 317.80 and Rs 295.10 respectively. The current market cap of the company is Rs 7914.23 crore.
The promoters holding in the company stood at 56.07%, while Institutions and Non-Institutions held 33.03% and 10.90% respectively.
PNC Infratech has emerged as lowest bidder (L1) in a tender floated by South Eastern Coalfields (SECL) for ‘Handling, Transport and Other Mining Services - Hiring of HEMM for OB Removal and Coal Extraction by Surface Miner and Loading and Transportation of Extracted Coal to different destinations at Gevra OCP Expansion Project in the state of Chhattisgarh’ for a quoted amount of Rs 2956.65 crore exclusive of GST. The financial bids were opened on July 28, 2025.
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.
