NHAI highway gets provisional completion certificate
PNCINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.1 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
PNC Infratech said subsidiary Yamuna Highways received a provisional completion certificate for the 32.982 km four-laning of NH 5308 from Mathura Bypass to Gaju Village in Uttar Pradesh. The NHAI project was awarded in March 2023 with a bid cost of Rs 885 crore. Commercial operations are effective from 30 August 2025.
The project may support future payments to the subsidiary and reduces construction risk, but no new earnings guidance was provided.