Infra stock jumps 4% after receiving order worth ₹2,956 Cr from South Eastern CoalfieldInfra stock jumps 4% after receiving order worth ₹2,956 Cr from South Eastern Coalfield

Introduction:

Leading infra company has been declared the lowest bidder for a ₹2,956.66 crore mining and transport project awarded by SECL for the Gevra OCP Expansion in Chhattisgarh, to be executed over five years.

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Share price movement of PNC Infratech:

On July 29, 2025, PNC Infratech Ltd opened at ₹306.05, up 2.55% from its previous close of ₹298.45. The stock touched a high of ₹314.85 (5.50%) and a low of ₹304.25. By 12:47 PM, it was trading at ₹308.10, a 3.23% rise, with a market cap of ₹7,903.97 crore.

PNC Infratech Emerges as Lowest Bidder for SECL Project:

PNC Infratech Limited has emerged as the L1 (First Lowest) bidder in a tender floated by South Eastern Coalfields Limited (SECL). The bid was for mining and transportation services at Gevra OCP Expansion Project in Chhattisgarh. Financial bids were opened on July 28, 2025.

The contract includes handling, transport, and other mining services. It involves hiring of HEMM for OB removal, coal extraction using surface miners, and transportation of coal to various destinations. The order is valued at ₹2,956.66 crore, exclusive of GST, and will be executed over five years.

This project has been awarded by a domestic entity, SECL, based in Bilaspur, Chhattisgarh. The nature of work is domestic, covering large-scale infrastructure and mining operations.

Recent news on PNC Infratech:

As of May 18, 2025, PNC Infratech Ltd secured an arbitration award worth ₹485.28 crore in a dispute with NHAI related to the Agra Bypass EPC project connecting NH-2 and NH-3.

Stock performance of PNC Infratech for Period of 1 week, 6 months, and 1 year:

PNC Infratech Ltd delivered a -4.91% return over the past week and declined by 2.70% in the past six months. The stock dropped 41.9% over the past year.

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Shareholding pattern of PNC Infratech:

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	56%	56%	56.10%
FII	7.10%	7.10%	7%
DII	25.90%	26%	27%
Public	10.90%	10.60%	10.40%

About PNC Infratech:

PNC Infratech Ltd (NSE: PNCINFRA) is a leading infrastructure company engaged in developing highways, bridges, airport runways, and power projects across India. Incorporated in 1999, it has a strong presence in construction and project management.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.