PNC Infratech share price jumps 14% after receipt of two highway projects
PNC Infratech share price gained 20% in one month, but fell 11% on a year-to-date (YTD) basis. The smallcap stock has declined 20% in one year, and has dropped 48% over the past two years.
PNC Infratech share price surged nearly 14% on Wednesday, extending rally for the second session, after the company emerged as lowest bidder in two NHAI projects. The small-cap stock rallied as much as 13.72% to ₹237.00 apiece on the BSE.
The rally in PNC Infratech share price was also supported by heavy trading volumes. Around 95 lakh equity shares of PNC Infratech changed hands on stock exchanges, significantly higher than its one week average trading volume of 5 lakh shares, and one month average volumes of 7 lakh shares.
Infrastructure company PNC Infratech said that it emerged as the First Lowest (L1) bidder in tenders floated by National Highways Authority of India (NHAI) for two HAM based National Highway Projects.
The first project consists of construction of a 4 Lane highway from Barabanki Design Chainage to Mustafabad Design Chainage on the section of NH-927 in Uttar Pradesh on HAM Mode under NH(O) Scheme (Package-I). The quoted bid project cost (BPC) was ₹1,728 crore.
The second project is for the construction of a 4 Lane highway from Mustafabad Design Chainage to Biswariya Design Chainage on the section of NH-927 in Uttar Pradesh on HAM Mode under NH(O) Scheme (Package-Il). The quoted BPC was ₹1,755 crore.
The aggregate bid project cost for both the projects is ₹3,483 crore, exclusive of GST. The time period by which the contracts are to be executed is 24 months for each project.
PNC Infratech’s order book visibility remains strong, with an unexecuted order book of ₹19,346 crore as of Q3FY26.
PNC Infratech Share Price Performance
PNC Infratech share price gained 20% in one month, but fell 11% on a year-to-date (YTD) basis. The smallcap stock has declined 20% in one year, and has dropped 48% over the past two years. PNC Infratech shares have fallen 7% in five years.
At 2:10 PM, PNC Infratech share price was trading 7.25% higher at ₹223.50 apiece on the BSE.
About the Author
Ankit Gohel is the Deputy Chief Content Producer at Livemint, specialising in financial markets, macroeconomics, and regulatory developments. With a strong focus on equity markets, primary issuances, and policy-driven market movements, he brings clarity to complex financial developments for investors and market participants. <br><br> With nine years of experience in business and financial journalism, Ankit’s approach is rooted in the belief that market reporting should go beyond headlines — connecting data, policy, and ground realities to deliver actionable insights. His work consistently bridges the gap between institutional analysis and investor understanding. <br><br> Ankit has spent three years at Livemint, where he currently helps drive market coverage, editorial strategy, and high-impact financial stories. Prior to this, he worked with leading business news networks such as CNBC-TV18, ET Now, TickerPlant News Service where he built deep expertise in stock market analysis, macroeconomic trends, primary markets, and coverage of key regulators including the RBI and SEBI. <br><br> Over the years, he has covered market cycles across bull and bear phases, IPO booms, liquidity shocks, and major policy shifts that reshaped investor sentiment. He has interviewed fund managers, corporate leaders, and policymakers, translating their perspectives into sharp, data-backed narratives. Ankit combines speed with accuracy — ensuring timely, credible, and insight-driven financial journalism that empowers both retail and institutional audiences.
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