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PNC Infratech Secures Major Mining Services Contract

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PNC Infratech Secures Major Mining Services Contract

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The latest update is out from PNC Infratech Ltd ( (IN:PNCINFRA) ).

PNC Infratech Limited has announced the receipt of a Letter of Acceptance from South Eastern Coalfields Limited for a significant project involving handling, transport, and other mining services at the Gevra OCP Expansion Project in Chhattisgarh. The contract, valued at Rs. 3488.86 crores, is set to be executed over five years, marking a substantial addition to PNC Infratech’s project portfolio and reinforcing its position in the domestic infrastructure sector.

More about PNC Infratech Ltd

PNC Infratech Limited operates in the infrastructure sector, focusing on construction and development projects such as highways, bridges, and airports. The company is known for its expertise in executing large-scale projects and has a significant presence in the Indian market.

Average Trading Volume: 64,824

Technical Sentiment Signal: Hold

Current Market Cap: 80.55B INR

Learn more about PNCINFRA stock on TipRanks’ Stock Analysis page.

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