PNC Infratech is currently buying and selling at Rs. One hundred thirty.60, up by using 2.40 factors or 1.87% from its previous closing of Rs. 128.20 on the BSE.

The scrip opened at Rs. 133.00 and has touched a high and low of Rs. 134.Eighty and Rs. 129.45 respectively. So some distance 11461 shares were traded on the counter.

The BSE group ‘B’ stock of face cost Rs. 2 has touched a 52 week high of Rs. 228.40 on 26-Dec-2017 and a fifty two week low of Rs. 122.70 on 01-Oct-2018.

Last one week excessive and coffee of the scrip stood at Rs. 138.20 and Rs. 124.80 respectively. The contemporary marketplace cap of the agency is Rs. 3343.Ninety nine crore.

The promoters holding within the corporation stood at fifty six.07%, even as Institutions and Non-Institutions held 28.14% and 15.79% respectively.

PNC Infratech’s completely owned subsidiary– PNC Challakere (Karnataka) Highways has completed economic closure via filing duly executed financing documents to NHAI for the Hybrid Annuity Model (HAM) Project.

The venture is for development of four Laning from km 358.500 to km 414.205, Challakere to Hariyur segment of NH-150 A, on Hybrid Annuity Mode under Bharatmala Pariyojna in the State of Karnataka.

The Company is in the timeframe for reaching the Financial Closure as certain within the Concession Agreement for this assignment. With the above submission, the employer has submitted duly achieved financing Documents to NHAI in regards to the Financial Closure for all the 7 Hybrid Annuity Model (HAM) Projects secured by it to this point.