PNC Infratech

PNC Infratech shares tank another 10%, hit 52-week low on road ministry's order

PNC Infratech shares tank another 10%, hit 52-week low on road ministry’s order

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On Tuesday, October 21, there was still a lot of selling pressure on PNC Infratech shares. Following a notable 20% decline on Monday, October 21, the stock dropped an additional 10% today to its 52-week low of ₹299. The Ministry of Road Transport and Highways (MoRTH) banned the company and its two subsidiaries from bidding […]

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PNC Infratech stock up 7% after company secures project worth ₹2,091 crore

PNC Infratech stock up 7% after company secures project worth ₹2,091 crore

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Early on Thursday morning, PNC Infratech’s shares jumped 7% to ₹458.90 after the company declared that it has emerged as the “lowest bidder” for a ₹2,091 crore infrastructure project close to the future Navi Mumbai Airport. Building highways, flyovers, small bridges and associated electrical works are all included in the four-year contract, as per the

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