PNC Infratech opened 3% higher at Rs.181.80, going up 4% to an intraday high at Rs.183.50. Its 52-week high is at Rs.219.40.
The market is happy that it has been declared as the lowest bidder for NHAI project of construction of 31.7 km long Four Lane Bypass - Lucknow Ring Road Package I".
The price quoted is at Rs.1062 crore.
The project is to be completed in 36 months.