PNC Infratech Limited announces receipt of 'Provisional Completion Certificate' for one of the national highway projects executed by the Company - "Improvement/Augmentation of 146.4 km long Aligarh-Moradabad Section of NH-93 to two lanes with paved shoulders, in the state of Uttar Pradesh under NHDP Phase IV on EPC Mode" w.e.f. 13 May 2019. As the project has been completed seventy-three (73) days ahead of the scheduled completion date of 25 July 2019, the Company has become entitled for early completion bonus @ 0.03% of the Contract Price (Rs. 644.5 crore) for each day of ahead of scheduled completion in terms of the agreement executed with National Highways Authority of India.
Shares of PNC Infratech Ltd was last trading in BSE at Rs.152.8 as compared to the previous close of Rs. 155.25. The total number of shares traded during the day was 2830 in over 122 trades.
The stock hit an intraday high of Rs. 155 and intraday low of 149.4. The net turnover during the day was Rs. 429316.