PNC Infratech Share Price in Focus Following Rs 194 Crore EPC Order

PNC Infratech Receives Letter of Acceptance for ₹194.40 Crore EPC Project

On June 2, PNC Infratech will remain in focus after the company received a Letter of Acceptance (LoA) from the Lucknow Development Authority, Uttar Pradesh, for an Engineering, Procurement and Construction (EPC) project worth ₹194.40 crore, excluding Goods and Services Tax (GST).

The project involves the construction of a four-lane flyover, along with two loops and two ramps, at the Shaheed Path intersection on the right-hand side bank of the Gomti River in Lucknow. The contract has been awarded on an EPC basis and is to be executed within 24 months.

In related news, PNC Infratech recently emerged as the lowest bidder (L1) for a project worth ₹302.44 crore with the Airports Authority of India for infrastructure works at Pantnagar Airport in Uttarakhand on May 29.

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The company received an amount of Rs 228.90 crore in terms of the settlement agreement executed with the National Highways Authority of India (NHAI) towards the one-time settlement under the 'Vivad Se Vishwas III (Contractual Disputes)' Scheme of the Government of India on May 22.

In the previous trading session, the company's share closed at Rs 207.40, up Rs 2.90, or 1.42 percent.

The share has exhibited significant volatility in the past year, touching a 52-week high of Rs 331.80 and a 52-week low of Rs 157.95 on July 17, 2025, and March 30, 2026, respectively.

Currently, the stock is trading 37.49 percent below its 52-week high and 31.31 percent above its 52-week low.

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The market capitalization of the company stands at Rs 5,320.62 crore.