Latest news with #PWD-Rajasthan
Mint
9 hours ago
- Business
- Mint
Mid-cap construction sector stock PNC Infratech share price gains 4% on ₹240 Crore order win
Stock Market Today: Mid cap construction sector stock PNC Infratech share price gained up to 4% during the intraday trades on Monday. PNC Infra had announced ₹ 240 Crore order win over the weekend. Mid-cap construction sector stock PNC Infratech over the week end ( on Saturday 7 June 2025) announced winning ₹ 240 crore order. In its intimation to the National Stock Exchange of India Ltd and the BSE or the Bombay Stock Exchange, PNC Infratech announced Receipt of 'Letter of Acceptance' from PWD-Rajasthan. The scope of works for the PNC Infratech as per the received Letter of Acceptance' from PWD-Rajasthan is for construction of a flyover in Bharatpur . The PNC Infratech in its release said that "Company has received Letter of Acceptance dated 06.06.2025 from PWD-Rajasthan for the project namely "Construction of Flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur City, Bharatpur" on 07.06.2025. The domestic Engineering, Procurement and Construction (EPC) order is to be completed by PNC Infratech in 24 months from the issue of order. The broad consideration of the order or contract as per PNC Infratech or the Awarded value id Rs. 239.94 Crore. Mid-cap construction sector stock PNC Infratech share price that opened at ₹ 307.80. At the time of opening PNC Infratech share price was up close too 1% over the previous days closing price of ₹ 305.10. The PNC Infratech share price thereafter gained further the intraday highs of ₹ 319.80 which translated into intraday gains of close to 4% for the PNC Infratech share price. The PNC Infratech share price has been rebounding well and had risen more than 28% during the last one month as order wins and Q4 Results have lifted streets confidence on forward prospects of Mid-cap construction sector stock PNC Infratech
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Business Standard
10 hours ago
- Business
- Business Standard
PNC Infratech shares rise 5% in trade after company bags ₹240-crore order
PNC Infratech share price jumped 4.8 per cent in trade on Monday, June 9, 2025, logging a day's high at ₹319.8 per share on BSE. The stock was in demand after the company bagged an order worth ₹239.94 crore from PWD-Rajasthan. At 12:26 PM, PNC Infra shares were trading 3.64 per cent higher at ₹316.2 per share on the BSE. In comparison, the BSE Sensex was up 0.4 per cent at 82,518.47. The company's market capitalisation stood at ₹8,111.77 crore. Its 52-week high was at ₹539 per share and 52-week low was at ₹235.7 per share. PNC Infra order details The company, on Saturday, informed that it has received a Letter of Acceptance (LoA) from PWD-Rajasthan. The project is for construction of a flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur City, Bharatpur. The order has to be completed within 2 years or 24 months. "We are pleased to inform you that our Company has received a Letter of Acceptance dated 06.06.2025 from PWD-Rajasthan for the project namely "Construction of Flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur City, Bharatpur" on June 7, 2025" the filing read. About PNC Infratech PNC Infratech is an infrastructure development and construction company in India. The company specialises in executing large-scale projects across highways, bridges, airports, power transmission, water supply, and urban infrastructure. Known for its strong execution capabilities, PNC Infratech has delivered several landmark projects, including sections of the Yamuna Expressway, Purvanchal Expressway, and airport runway expansions at Varanasi and Allahabad. The company undertakes Build-Operate-Transfer (BOT) and Hybrid Annuity Model (HAM) projects, ensuring a diversified portfolio that spans road construction, urban development, and water management under initiatives like the Jal Jeevan Mission. With a robust order book driven by contracts from agencies like NHAI and state governments, PNC Infratech is a key contributor to India's infrastructure growth.
Mint
10 hours ago
- Business
- Mint
Mid-cap construction sector stock PNC Infratech share price gains 4% on ₹240 Crore order win
Stock Market Today: Mid cap construction sector stock PNC Infratech share price gained up to 4% during the intraday trades on Monday. PNC Infra had announced ₹ 240 Crore order win over the weekend. Mid-cap construction sector stock PNC Infratech over the week end ( on Saturday 7 June 2025) announced winning ₹ 240 crore order. In its intimation to the National Stock Exchange of India Ltd and the BSE or the Bombay Stock Exchange, PNC Infratech announced Receipt of 'Letter of Acceptance' from PWD-Rajasthan. The scope of works for the PNC Infratech as per the received Letter of Acceptance' from PWD-Rajasthan is for construction of a flyover in Bharatpur . The PNC Infratech in its release said that "Company has received Letter of Acceptance dated 06.06.2025 from PWD-Rajasthan for the project namely "Construction of Flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur City, Bharatpur" on 07.06.2025. The domestic Engineering, Procurement and Construction (EPC) order is to be completed by PNC Infratech in 24 months from the issue of order. The broad consideration of the order or contract as per PNC Infratech or the Awarded value id Rs. 239.94 Crore. Mid-cap construction sector stock PNC Infratech share price that opened at ₹ 307.80. At the time of opening PNC Infratech share price was up close too 1% over the previous days closing price of ₹ 305.10. The PNC Infratech share price thereafter gained further the intraday highs of ₹ 319.80 which translated into intraday gains of close to 4% for the PNC Infratech share price. The PNC Infratech share price has been rebounding well and had risen more than 28% during the last one month as order wins and Q4 Results have lifted streets confidence on forward prospects of Mid-cap construction sector stock PNC Infratech Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
14 hours ago
- Business
- Business Standard
PNC Infratech gains after bagging LOA to construct flyover in Bharatpur, Rajasthan
PNC Infratech added 2.26% to Rs 312 after the company received letter of acceptance (LOA) worth Rs 239.94 crore from PWD- Rajasthan for construction of flyover in Bharatpur, Rajasthan. The contract includes construction of a flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur City, Bharatpur (Rajasthan). The project is scheduled to be completed within 24 months. Earlier, on 22 April 2025, the company was declared as the L1 (Lowest) bidder for the project. PNC Infratech is a leading Indian infrastructure company engaged in investment, development, construction, operation, and management of infrastructure projects across the country. With extensive experience and proven expertise, the company operates across key sectors including expressways, highways, bridges, flyovers, airport runways, water supply systems, industrial area development, railways, and other core infrastructure activities. The companys consolidated net profit declined 80.9% on 34.5% fall in net sales to Rs 1704.11 crore in Q4FY25 over Q4 FY24.
