PNC Infratech Limited has informed the Exchange about Bagging/Receiving of orders/contracts
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 0.1 pts more than Nifty Microcap 250 and 0.9 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 has emerged as the lowest bidder (L-1) for constructing a 4-lane flyover with 2 loops and 2 ramps at Shaheed Path Intersection on the RHS bank of Gomti River in Lucknow. The project, awarded by Lucknow Development Authority, Uttar Pradesh, is valued at Rs. 194.40 Crore on an EPC (Engineering, Procurement and Construction) basis. The contract has a completion period of 24 months. This is a domestic order with no related party involvement. The company also noted that its trading window for insider trading compliance is already closed.
This order adds to PNC Infratech's order book and provides revenue visibility for the next 2 years. The contract size represents a significant new project win for the infrastructure company.