New Delhi, July 17 -- PNC Infratech share price jumped more than 6% in early trade on Thursday, amid a spurt in trading volumes, after the company secured an order from state-run hydropower giant NHPC. The small-cap stock surged as much as 6.6% to Rs.331.80 apiece on the BSE.
Around 38 lakh PNC Infratech shares changed hands on the stock exchanges as against its one week average trading volume of 3 lakh shares.
PNC Infratech said that it has emerged as one of the Lowest (Ll) Bidders in a tender floated by NHPC for setting up of 1200 MW ISTS (Inter State Transmission System) Connected Solar Power Projects with 600 MW / 2400 MWh Energy Storage Systems (ESS) in India.
The company has secured the project through Tariff Based Competitive Bi...
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