06 Sep 2025

PNC Infratech Shares Gain as Company Wins Bihar Bridge Project Bid

PNC Infratech is currently trading at RS. 309.55, up by 4.65 points or 1.53% from its previous closing of RS. 304.90 on the BSE.

The stock opened at RS. 304.95 and recorded a high of RS. 312.90 and a low of RS. 304.40. So far, 29,861 shares have been traded on the counter.

A BSE group 'A' stock with a face value of RS. 2, PNC Infratech touched a 52-week high of RS. 470.40 on October 16, 2024, and a 52-week low of RS. 235.70 on April 7, 2025. Over the last week, the stock’s high and low stood at RS. 314.60 and RS. 301.50, respectively. The company’s current market capitalization stands at RS. 7941.17 crore.

Promoters hold 56.07% of the company’s shares, while institutions and non-institutions hold 33.03% and 10.90% respectively.

In a key development, PNC Infratech has emerged as the Lowest (L1) Bidder for a Bihar State Road Development Corporation (BSRDC) tender. The project involves constructing a high-level bridge and approach road on the Hathouri-Atrar-Bavangama-Aurai Road in Bihar, with a quoted price of RS. 495.54 crore (exclusive of GST). The project is expected to be completed within three years.

PNC Infratech is engaged in infrastructure construction, development, and management, with expertise in highways, bridges, flyovers, airport runways, power transmission lines, industrial area development, and other infrastructure projects.