PNC Infratech shares rose 3.43% after securing a Rs 2,039.61 crore contract for Navi Mumbai's NAINA infrastructure development.

PNC Infratech's shares rose 3.43% to Rs 455.70 following a Rs 2,039.61 crore contract from the City & Industrial Development Corporation of Maharashtra for infrastructure development in Navi Mumbai's NAINA region. The project includes building wide roads, flyovers, and street lighting, expected to be completed in 1,460 days. The company reported a substantial profit increase in Q1 FY25, with net sales rising 3.6% from the previous year.

October 14, 2024
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