PNC Infratech Limited, a leading infrastructure and construction company, saw its shares jump over 3% in early trading following the announcement of a major project win in Bihar. As of 9:23 AM, the shares were trading 2.92% higher at Rs 315.60.
The company has received a Letter of Acceptance (LOA) dated September 18, 2025, from the Bihar State Road Development Corporation (BSRDC) for the construction of a high-level bridge and approach road on the Hathouri-Atrar-Bavangama-Aurai Road. The project, awarded under Civil Work Contract Package No. BSHP-IV (Phase-1)/EPC/Pkg-5, spans 21.3 km and will be executed on an Engineering, Procurement, and Construction (EPC) basis.
The contract, valued at ₹495.54 crore, is slated for completion within 1,095 days (3 years). PNC Infratech confirmed that neither the promoters nor group companies hold any interest in BSRDC, ensuring transparency and compliance with regulatory norms.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
