Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  PNC Infratech advances on receiving financial closure for Jhansi-Khajuraho section

28-Nov2017

PNC Infratech advances on receiving financial closure for Jhansi-Khajuraho section

PNC Infratech is currently trading at Rs. 192.80, up by 4.55 points or 2.42% from its previous closing of Rs. 188.25 on the BSE.

The scrip opened at Rs. 194.95 and has touched a high and low of Rs. 198.30 and Rs. 190.65 respectively. So far 27,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 214.25 on 02-Nov-2017 and a 52 week low of Rs. 99.00 on 30-Dec-2016.

Last one week high and low of the scrip stood at Rs. 198.30 and Rs. 181.35 respectively. The current market cap of the company is Rs. 4,946.00 crore.

The promoters holding in the company stood at 56.07%, while public held 43.93% respectively.

PNC Infratech has received letter from National Highways Authority of India (NHAI) regarding the achievement of Financial Closure on November 01, 2017 for the project of four laning of Jhansi - Khajuraho section (Package - I) from Km 0.00 to Km 76.3 (existing Km 108.300 of NH-25 Kanpur - Jhansi Section to Km 82.10) of NH - 75/76 in the State of UP / MP under NHDP Phase - III on Hybrid Annuity Mode. This project is being implemented by PNC Bundelkhand Highways, a Special Purpose Vehicle incorporated by the company.

PNC Infratech is an infrastructure construction, development and management company, with expertise in execution of major infrastructure projects, including highways, bridges, flyovers, airport runways, power transmission lines, development of industrial areas and other infrastructure activities.




Related News

View all news

Mindtree rises on crossing $1 billion in annual revenue

Mindtree is currently trading at Rs. 983.85, up by 11.70 points or 1.20% from its previous closing of Rs. 972.15 on the BSE.The scrip opened at Rs. 977.00 and has touched a high and low of Rs. 986.45 and......

INDSIL Hydro Power trades in green on the bourses

Indsil Hydro Power and Manganese is currently trading at Rs. 60.00, up by 0.35 points or 0.59% from its previous closing of Rs. 59.65 on the BSE.The scrip opened at Rs. 60.40 and has touched a high and......

SpiceJet flies high on the bourses

Spicejet is currently trading at Rs. 142.10, up by 9.40 points or 7.08 % from its previous closing of Rs. 132.70 on the BSE.The scrip opened at Rs. 144.00 and has touched a high and low of Rs. 152.60 and......

Top News

View all news

Lupin seeks more time from commerce ministry to complete project in Indore SEZ

Lupin has sought more time from the commerce ministry to complete its project, with proposed investment of Rs 205.69 crore, in the Indore Special Economic Zone (SEZ). The company is setting up its pharma......

Tata Sponge Iron to shift its registered office to Kolkata

Tata Sponge Iron has decided to shift its registered office from Keonjhar in Odisha to Kolkata, subject to the approval of the members of the company and other regulatory authorities. The company has also......

GVK Power's arms ink pact with ADIA, NIIF

GVK Power and Infrastructure's subsidiaries -- GVK Airports Developer (GVKADL) and GVK Airport Holdings (GVKAHL) have signed a term sheet and exclusivity agreement with Abu Dhabi Investment Authority (ADIA)......