Shares of PNC Infratech Ltd surged 2% to hit a day’s excessive of Rs 314.45 on twenty ninth July, after the agency introduced yesterday that it had emerged because the L1 (lowest) bidder for a mining providers contract floated by South Jap Coalfields Restricted (SECL) in Bilaspur, Chhattisgarh.
PNC Infratech will deal with mining providers, together with the transport of overburden, hiring of heavy gear (HEMM) for overburden removing, coal extraction utilizing floor miners, and loading and transporting coal, on the Gevra OCP growth venture in Chhattisgarh.
The contract is valued at Rs 2,956.66 crore (excluding GST) and might be executed over a five-year interval. Monetary bids have been opened on twenty eighth July, 2025.
Final month, the corporate additionally acquired a letter of acceptance from the Rajasthan PWD for constructing a flyover in Bharatpur. The Rs 239.94-crore EPC venture, awarded on sixth June, 2025, includes developing a flyover from Heeradas Chouraha to Kumher Gate Chouraha and is to be accomplished in two years.
At 10:35 AM, the shares of PNC Infratech have been buying and selling 1.99% increased at Rs 305 on NSE.
Curious About PNC Infratech? Ask the Analyst.
Prepared to take a position like a professional? Unicorn Indicators app equips you with 100+ Free instruments and information you want to succeed. Obtain the Unicorn Indicators app and acquire entry to each day inventory lists and insightful market evaluation and far more!
