Infra Stock Jumps 3% After Bagging Rs.302 Cr Project at Pantnagar Airport, Uttarakhand
Bengaluru, June 1 -- India's infrastructure push is no longer limited to highways and expressways; airports are fast becoming the next big frontier. As smaller cities get connected through upgraded terminals and expanded runways, EPC players with proven civil construction credentials are finding their way onto the tarmac. One such company is quietly but steadily building a track record in this space, adding yet another airport project to its portfolio.
With a market capitalization of Rs. 5,421crore, the shares of PNC Infratech Ltd. were trading at Rs. 211 per share, with a 52-week range of Rs. 331.80to Rs. 158.17. It is trading at a P/E of approximately 12x.
Order Update
PNC Infratech has been declared the L-1 (first lowest) bidder for...
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