PNC Infratech shares jump after receiving ₹297 Cr order to develop Lal Bahadur Shastri International Airport, Varanasi
News by Aliceblue News Desk
03 Sept 2025
Introduction
Leading infrastructure player has secured the lowest bidder position for the Airports Authority of India’s project at Lal Bahadur Shastri International Airport, Varanasi. The work involves runway extension, re-carpeting, strengthening, and allied works worth ₹297.01 crore.
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Share price movement of PNC Infratech
On September 3, 2025, PNC Infratech Limited opened at ₹312.95, up 2.45% from its previous close of ₹303.90. The stock reached a high of ₹314.60 and a low of ₹305.75. By 11:49 AM, it traded at ₹306.35, a 0.81% increase, with a market cap of ₹7,859.08 crore.
PNC Infratech Wins ₹297 Crore Airport Project
PNC Infratech Limited has emerged as the lowest (L1) bidder for the Airports Authority of India’s project at Lal Bahadur Shastri International Airport, Varanasi. The scope includes extension, re-carpeting, and strengthening of the runway with allied works.
The project value stands at ₹297.01 crore, excluding GST. The financial bids were opened on September 2, 2025. The work is expected to be completed within eighteen months. The contract is awarded by a domestic entity.
Recent news on PNC Infratech
As of July 28, 2025, PNC Infratech Ltd emerged as the lowest bidder for a ₹2,956.66 crore SECL mining services contract, covering coal extraction, HEMM operations, transportation, and allied services at Gevra OCP, Chhattisgarh, over 5 years.
Stock performance of PNC Infratech for Period of 1 week, 6 months, and 1 year
PNC Infratech Limited delivered a 1.22% return over the past week and gained 12.4% in the past six months. The stock declined by 31.9% over the past year.
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Shareholding pattern of PNC Infratech
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 56.10% | 56.10% | 56.10% |
| FII | 7.10% | 7.10% | 7.00% |
| DII | 25.90% | 26.30% | 26.60% |
| Public | 10.90% | 10.60% | 10.40% |
About PNC Infratech
PNC Infratech Limited (NSE: PNCINFRA), founded in 1999, is a leading infrastructure development and construction company. It handles highways, bridges, flyovers, airport runways, power transmission lines, and industrial area development projects across India.
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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.
FAQs
Q: Why is PNC Infratech Limited share price going up today?
A: PNC Infratech Limited share price rose after the company emerged as L1 bidder for Varanasi airport runway project worth ₹297.01 crore.
Q: What does PNC Infratech Limited specialize in?
A: PNC Infratech Limited specializes in infrastructure development, including highways, bridges, flyovers, airport runways, power lines, and industrial area projects.
Q: What is the 52-week high and low of PNC Infratech Limited stock?
A: PNC Infratech Limited stock’s 52-week high is ₹470.40, and the 52-week low is ₹235.70.
News Author
Aliceblue News Desk
