PNC Infratech rises after emerging as lowest bidder for Rs 496-cr bridge project in Bihar

PNC Infratech rises after emerging as lowest bidder for Rs 496-cr bridge project in Bihar
HHot Pursuit News
The project involves the construction of a high-level bridge and approach road on the Hathouri-Atrar-Bavangama-Aurai road and will be executed under the engineering, procurement, and construction (EPC) mode. The tender was floated by the Bihar State Road Development Corporation (BSRDC), and financial bids were opened on 4 September 2025. The project spans a total value of Rs 495.54 crore and is expected to be completed within 1,095 days (three years) from the commencement date. The company also clarified that its promoters, promoter group, and group companies have no interest in the awarding entity. PNC Infratech is one of the foremostIndian infrastructure investment, development, construction, operation, and management companies in India. The company provides end-to-end infrastructure implementation solutions that include design, engineering, procurement, construction, and O&M services on EPC, "Design-Build-Finance-Operate-Transfer" (DBFOT), Toll, Annuity, Hybrid Annuity, Operate-Maintain-Transfer, and other formats, under one roof. The company’s consolidated net profit fell 25% to Rs 431.41 crore on a 34.5% drop in net sales to Rs 1,422.80 crore in Q1 FY26 over Q1 FY25.

Related News

Bosch Ltd drops for fifth straight session

Bosch Ltd drops for fifth straight session

Bosch Ltd fell for a fifth straight session today. The stock is quoting at Rs 38685, down 0.19% on the day as on 13:19 I...

HHot Pursuit News
IDFC First Bank Ltd down for fifth straight session

IDFC First Bank Ltd down for fifth straight session

IDFC First Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 69.94, down 0.14% on the day ...

HHot Pursuit News
Jio Financial Services Ltd drops for fifth straight session

Jio Financial Services Ltd drops for fifth straight session

Jio Financial Services Ltd fell for a fifth straight session today. The stock is quoting at Rs 305.75, down 0.33% on the...

HHot Pursuit News
Indraprastha Gas Ltd down for fifth straight session

Indraprastha Gas Ltd down for fifth straight session

Indraprastha Gas Ltd is down for a fifth straight session today. The stock is quoting at Rs 205.88, down 0.81% on the da...

HHot Pursuit News
ITC Ltd slips for fifth straight session

ITC Ltd slips for fifth straight session

ITC Ltd dropped for a fifth straight session today. The stock is quoting at Rs 398.95, down 0.51% on the day as on 13:19...

HHot Pursuit News
LIC Housing Finance Ltd down for fifth straight session

LIC Housing Finance Ltd down for fifth straight session

LIC Housing Finance Ltd is down for a fifth straight session today. The stock is quoting at Rs 574.3, down 1.11% on the ...

HHot Pursuit News
Exide Industries Ltd drops for fifth straight session

Exide Industries Ltd drops for fifth straight session

Exide Industries Ltd fell for a fifth straight session today. The stock is quoting at Rs 394.65, down 1.24% on the day a...

HHot Pursuit News
ICICI Bank Ltd drops for fifth straight session

ICICI Bank Ltd drops for fifth straight session

ICICI Bank Ltd fell for a fifth straight session today. The stock is quoting at Rs 1379, down 0.27% on the day as on 13:...

HHot Pursuit News
Reliance Industries Ltd eases for fifth straight session

Reliance Industries Ltd eases for fifth straight session

Reliance Industries Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1378.2, down 0.35% on the...

HHot Pursuit News
TVS Motor Company Ltd slips for fifth straight session

TVS Motor Company Ltd slips for fifth straight session

TVS Motor Company Ltd is down for a fifth straight session today. The stock is quoting at Rs 3413.4, down 1.15% on the d...

HHot Pursuit News