PNC Infratech Bags Bihar EPC Contract Worth ₹495.54 Crore; Shares Gain More Than 2%

Mumbai, Sept 5, 2025: PNC Infratech Ltd shares jumped over 2% percent in the mid-morning session of Friday after the company won a new order worth ₹495.54 Crore in Bihar. By 12:36 pm IST, the stock was at ₹309.65, up ₹4.60 or 1.51 percent from yesterday’s close of ₹305.05. The counter ranged between ₹304.40 and ₹312.30 during the session, reflecting consistent investor demand.

PNC Infratech Limited, incorporated in 1999 and listed since May 2015, is engaged in civil construction projects across highways, bridges, flyovers, and airport runways. The company has built a strong execution track record with a diversified project portfolio across India.

Bihar EPC Contract Worth ₹495.54 Crore Includes 21.30 km Bridge and Approach Road

The company has been the lowest bidder on a contract from the Bihar State Road Development Corporation (BSRDC). The contract entails building a high-level bridge and approach road on the Hathouri–Atrar–Bavangama–Aurai Road under EPC mode. The value of the contract is fixed at ₹495.54 crore, without GST, and the project length is 21.30 kilometres. The project execution period is 1,095 days, or approximately three years.

Market Capitalisation at ₹8,001.46 Crore as Shares Trade Between ₹304.40 and ₹312.30

PNC Infratech’s session volume-weighted average price was ₹308.15, with its market capitalisation standing at ₹8,001.46 crore. The stock has moved in a 52-week band of ₹240.00 to ₹469.65, which shows the stock’s resilience in turbulent times. Hefty activity was reported with bids for purchase beyond one lakh against almost 1.43 lakh on offer, which shows active participation by investors.

PNC Infratech Strengthens Order Book Amid Government Push for Large-Scale Road Projects

The agreement enhances PNC Infratech’s order book and its position in large road development. With infrastructure development being a priority area for the government, the company’s capability to secure and complete such projects improves its growth potential and shareholder sentiment.

PNC Infratech’s Bihar EPC contract highlights its continued role in large-scale infrastructure projects. The company’s order book expansion, combined with a defined execution timeline of 1,095 days, underscores operational readiness and project management capabilities. With a diversified portfolio across highways, bridges, and airports, PNC Infratech continues to demonstrate structured growth and a strategic approach to infrastructure development across India.

REF: https://nsearchives.nseindia.com/corporate/PNCINFRA_05092025110940_IntimationL1Bidder-05092025.pdf

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