Here's why PNC Infratech shares surged 6% intraday on Oct 14; details

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Here's why PNC Infratech shares surged 6% intraday on Oct 14; details - Business Standard

Quick Summary:

Shares of civil construction firm PNC Infratech soared as much 6.1 per cent at Rs 467.

On October 9, 2024, the company had informed through filing that it along with Aakshya Infra Projects had emerged as the lowest bidder for this project.

The company undertakes BOT (Build-Operate-Transfer) projects and provides comprehensive infrastructure solutions, including EPC (Engineering, Procurement, and Construction) services on a fixed-sum turnkey basis.