PNC Infratech Ltd - Contract Agreement signed with HORCL for an EPC Project

PNC Infratech Limited has announced the signing of 'Contract Agreement' with Haryana Orbital Rail Corporation Limited (HORCL) for implementation of Engineering, Procurement, Construction (EPC) Project of Rs. 771.46 crores on May 5, 2023 at Gurgaon.
The order is for "Design and Construction of Civil Works (Earthwork, Bridges, Station Buildings, Retaining Walls and other miscellaneous Works) from km 29.68 to 49.70 and from km 55.60 to 61.50 and its connectivity to Indian Railways network from New Patli to Patli Station and New Patli to Sultanpur Station including modifications/civil works at Sultanpur Station in connection with laying of a New BG Double Railway Line of HORC", to be executed in 30 months.

Shares of PNC Infratech Limited was last trading in BSE at Rs. 304.15 as compared to the previous close of Rs. 306.60. The total number of shares traded during the day was 70944 in over 2091 trades.

The stock hit an intraday high of Rs. 315.30 and intraday low of 302.20. The net turnover during the day was Rs. 21927673.00.

Source : Equity Bulls

Keywords

PNCInfratech INE195J01029 ContractAgreement HaryanaOrbitalRailCorporation EPCProject