PNC Infratech Shares Gain Focus on Rs 302.4 Crore EPC Contract Win

PNC Infratech Emerges as Lowest Bidder for ₹302.44 Crore Project

Shares of PNC Infratech are likely to remain in focus on June 1 after the company emerged as the lowest bidder (L1) for a project worth ₹302.44 crore. The project, which has been awarded by the Airports Authority of India, involves the Engineering, Procurement and Construction (EPC) of infrastructure works at Pantnagar Airport in Uttarakhand.

The company has scheduled the contract to be completed within 24 months from the date of commencement. This development comes on the heels of a significant financial boost for the company, with PNC Infratech receiving an amount of Rs 228.90 crore on May 22 as part of a settlement agreement executed with NHAI towards the one time settlement under the 'Vivad Se Vishwas III (Contractual Disputes)' Scheme of Government of India.

In the previous trading session, the share closed at Rs 204.50, marking a decline of Rs 7.55, or 3.56 percent. PNC Infratech's stock has touched a 52-week high of Rs 331.80 and a 52-week low of Rs 157.95 on 17 July, 2025 and 30 March, 2026, respectively. Currently, the stock is trading 38.37 percent below its 52-week high and 29.47 percent above its 52-week low. The market capitalisation of the company stands at Rs 5,246.23 crore.

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