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PNC Infratech Bags ₹495.54 Crore Order from Bihar State Road Development Corp; Share Price Surges

Written by: Team Angel OneUpdated on: 22 Sept 2025, 7:50 pm IST
PNC Infratech has received a Letter of Acceptance from the Bihar State Road Development Corporation for constructing a high-level bridge and approach road.
PNC Infratech
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On 19th September 2025, PNC Infratech Limited announced that it had received a Letter of Acceptance (LOA) from the Bihar State Road Development Corporation (BSRDC). The contract covers the construction of a high-level bridge and approach road in Bihar, marking another major infrastructure win for the company.

Project Details

The awarded project involves the construction of a 21.30 km stretch comprising a high-level bridge and approach road on the Hathouri-Atrar-Bavangama-Aurai Road. It will be executed on an EPC (Engineering, Procurement and Construction) basis under Civil Work Contract Package No. BSHP-IV (Phase-1)/EPC/Pkg-5.

The total contract value stands at ₹495.54 crore, and the construction is expected to be completed within 1,095 days (3 years). The project has been awarded by a domestic entity, BSRDC, and does not involve any related party transactions.

Strategic Significance

This project further strengthens PNC Infratech’s portfolio in road and bridge construction across India. With its proven track record in executing complex civil works, the company aims to complete the project within the stipulated timeframe while maintaining high standards of quality and safety.

Read More: PNC Infratech Share Price in Focus as CCI Clears Jaiprakash Associates Deal!

PNC Infratech Share Performance 

As of September 22, 2025, 11:42 AM, PNC Infratech share price is trading at ₹310 per share, reflecting a surge of 1.09% from the previous closing price.

Conclusion

The Bihar bridge project, valued at nearly ₹500 crore, reaffirms PNC Infratech’s position as a leading infrastructure development company in India. By securing and executing such projects, the company continues to expand its presence in the country’s road and bridge sector, contributing to regional connectivity and economic growth.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Sep 22, 2025, 12:34 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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