Alice Blue Home
URL copied to clipboard

Trending News

PNC Infratech shares jump after receiving ₹297 Cr order to develop Lal Bahadur Shastri International Airport, Varanasi

PNC Infratech Limited has emerged as the lowest bidder for AAI’s Varanasi airport project, involving runway extension, strengthening, and allied works worth ₹297.01 crore.

Introduction

Leading infrastructure player has secured the lowest bidder position for the Airports Authority of India’s project at Lal Bahadur Shastri International Airport, Varanasi. The work involves runway extension, re-carpeting, strengthening, and allied works worth ₹297.01 crore.

Alice Blue Image

Also Read: Chemical Stock: DCM Shriram shares jump after partnering with Aarti Industries

Share price movement of PNC Infratech

On September 3, 2025, PNC Infratech Limited opened at ₹312.95, up 2.45% from its previous close of ₹303.90. The stock reached a high of ₹314.60 and a low of ₹305.75. By 11:49 AM, it traded at ₹306.35, a 0.81% increase, with a market cap of ₹7,859.08 crore.

PNC Infratech Wins ₹297 Crore Airport Project

PNC Infratech Limited has emerged as the lowest (L1) bidder for the Airports Authority of India’s project at Lal Bahadur Shastri International Airport, Varanasi. The scope includes extension, re-carpeting, and strengthening of the runway with allied works.

The project value stands at ₹297.01 crore, excluding GST. The financial bids were opened on September 2, 2025. The work is expected to be completed within eighteen months. The contract is awarded by a domestic entity.

Recent news on PNC Infratech

As of July 28, 2025, PNC Infratech Ltd emerged as the lowest bidder for a ₹2,956.66 crore SECL mining services contract, covering coal extraction, HEMM operations, transportation, and allied services at Gevra OCP, Chhattisgarh, over 5 years.

Stock performance of PNC Infratech for Period of 1 week, 6 months, and 1 year

PNC Infratech Limited delivered a 1.22% return over the past week and gained 12.4% in the past six months. The stock declined by 31.9% over the past year.

Alice Blue Image

Also Read: Green Energy Stock: Inox Green shares jump after signing agreements for solar projects

Shareholding pattern of PNC Infratech

ParticularsJun 2025Mar 2025Dec 2024
Promoter56.10%56.10%56.10%
FII7.10%7.10%7.00%
DII25.90%26.30%26.60%
Public10.90%10.60%10.40%

About PNC Infratech

PNC Infratech Limited (NSE: PNCINFRA), founded in 1999, is a leading infrastructure development and construction company. It handles highways, bridges, flyovers, airport runways, power transmission lines, and industrial area development projects across India.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is PNC Infratech Limited share price going up today?

A: PNC Infratech Limited share price rose after the company emerged as L1 bidder for Varanasi airport runway project worth ₹297.01 crore.

Q: What does PNC Infratech Limited specialize in?

A: PNC Infratech Limited specializes in infrastructure development, including highways, bridges, flyovers, airport runways, power lines, and industrial area projects.

Q: What is the 52-week high and low of PNC Infratech Limited stock?

A: PNC Infratech Limited stock’s 52-week high is ₹470.40, and the 52-week low is ₹235.70.

Submit the form, and get to know how you scored!!!

Gainers & Losers

Read More News
जैन: 6% अमेरिकी बॉन्ड यील्ड का भारतीय बाजार पर प्रभाव इक्विटी वैल्युएशन में गिरावट का जोखिम पैदा कर सकता है
Trending

जैन: 6% अमेरिकी बॉन्ड यील्ड का भारतीय बाजार पर प्रभाव इक्विटी वैल्युएशन में गिरावट का जोखिम पैदा कर सकता है

भारतीय बाजार पर अमेरिकी बॉन्ड यील्ड का प्रभाव: प्रशांत जैन ने 6% के स्तर पर वैश्विक मंदी और फंड निकासी

*T&C apply