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PNC Infratech shares extend gains on 7th day, rises 2% on project win

23 Apr , 2025   By : Debdeep Gupta


PNC Infratech shares extend gains on 7th day, rises 2% on project win

PNC Infratech share price has extended the gains on seventh day, gaining more than 2 percent in the opening trade on April 23 after the company declared lowest bidder for a project by PWD-Rajasthan.


At 09:22am, PNC Infratech was quoting at Rs 285.60, up Rs 6.55, or 2.35 percent, on the BSE.


" ..... has been declared L1 bidder in a project namely construction of flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur City, Bharatpur on EPC Mode for a quoted price of Rs 239.94 crore," company said in its press release.


The said work is to be executed in 24 months.


The share touched a 52-week high of Rs 574.50 and a 52-week low of Rs 235.70 on 27 May, 2024 and 07 April, 2025, respectively.


Currently, the stock is trading 50.29 percent below its 52-week high and 21.17 percent above its 52-week low.


The market capitalisation stands at Rs 7,326.76 crore.


The share price declined more than 43 percent in the last nine months.


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