PNC Infratech Bags a new Hybrid Annuity Highway Project of value Rs. 738 Crore

PNC Infratech Limited has been declared the L1 (lowest) bidder for a NHAI Project of Four Laning of NH 530B from Gaju Village km 32.982, (Mathura - Aligarh District Boundary) to Devinagar Bypass (End) Km. 66.000 of SH 33 (NH530B) in the State of Uttar Pradesh on Hybrid Annuity Mode, for a Bid Project Cost of Rs. 738 Crore. The price bids were opened on Friday, March 14, 2022, with PNC's bid being the lowest (L1).

The Project is to be constructed in 24 months and operated for 15 years post construction.

Shares of PNC Infratech Limited was last trading in BSE at Rs. 244.00 as compared to the previous close of Rs. 246.95. The total number of shares traded during the day was 25300 in over 1399 trades.

The stock hit an intraday high of Rs. 249.70 and intraday low of 241.25. The net turnover during the day was Rs. 6175308.00.

Source : Equity Bulls

Keywords

PNCInfratech INE195J01029 L1Bidder OrderWin NHAIProject