Announced Fri, 31 Jul · 16:28 IST
PNC Infratech gets Rs 302 Cr LOI from AAI for Pantnagar Airport
PNCINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹246.00
prior close
₹249.09
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-0.9-0.9-1.5+2.0+3.4-2.2-8.9-14.5-9.3————
Up moveDown movePending
AI summary
PNC Infratech has received a Letter of Intent from Airports Authority of India (AAI) for EPC work at Pantnagar Airport in Uttarakhand. The contract is worth Rs 302.44 Crore (excluding GST) and covers both airside works (runway extension, apron, taxiways, lighting) and cityside works (new domestic terminal building, parking, sub-station, approach roads, MEP and security systems). Completion period is 24 months. The order follows the company's earlier announcement dated May 29, 2026.
Likely market impact
Positive — strengthens order book with a government-backed airport EPC project worth about Rs 302 Crore.