PNC Infratech shares jumped more than 2% in morning trade after the company bagged a huge contract worth Rs 2,039.61 crore from the City & Industrial Development Corporation of Maharashtra Ltd. (CIDCO).

The NAINA Project includes integrated infrastructure development, such as the construction of wide roads, flyovers, bridges, and electrical works in TPS-8, 9 and TPS-12.

As of 9:16 am, PNC Infratech shares were trading 2.50% higher at Rs 451.00 on the NSE.

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TOPICS: PNC Infratech