PNC Infratech Gains 3.63% as CCI Clears Jaiprakash Associates Acquisition

New Delhi, September 17, 2025: PNC Infratech Limited’s share price is trading in the green today, September 17. As of 12:15 PM, the shares were up by 3.63%, or 11.05 points and were trading at ₹315.65. Until now, the shares have traded within a range of ₹325.00 and ₹306.05. The current traded volume stands at 29.95 lakh shares, with the current market cap of ₹7,814 crore. The shares have their 52-week high of ₹469.65 (16-Oct-2024) and 52-week low at ₹240.00 (09-May-2025).

PNC Infratech Limited is an Indian company that is engaged in the construction and infrastructure sector that specialising in the execution of highway, bridge, and airport runway projects. The company was established on 9th August 1999 and has its headquarters in Agra, Uttar Pradesh, India. The shares of the company are listed on NSE with the ticker symbol PNCINFRA.

Key Trigger: CCI Clearing Jaiprakash Associates Acquisition

The rise in the share price comes after the company announced that the Competition Commission of India (CCI) has approved its proposed acquisition of Jaiprakash Associates. The company is currently under the corporate insolvency resolution process. The approval has been given by CCI under the Insolvency and Bankruptcy Code (IBC).

The acquisition is expected to strengthen the footprint of PNC Infratech in the civil construction and infrastructure sector. It may also have a positive effect on the company’s future business operations and cash flows.

REF: https://www.cci.gov.in/images/pressrelease/en/press-release1758027863.pdf

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