
PNC Infratech Limited share price is expected to remain in focus after the company announced that its joint venture with SPS Constructions India Private Limited emerged as the lowest bidder for a major bridge construction project in Uttar Pradesh.
According to the company’s exchange filing, the project involves construction of a four-lane major bridge over the Ganga River with footpath connectivity between Bhairoghat Dhobighat Jalkal Campus, Trans Ganga City, and Kanpur City.
The scope of work also includes development of approach roads and protection works in Kanpur district of Uttar Pradesh.
The project has been awarded by UP State Bridge Corporation Limited and the JV quoted a bid value of ₹571.81 crore for the EPC contract. The participation ratio between both JV partners stands at 50:50.
PNC Infratech stated that the project is domestic in nature and is expected to be completed within 36 months.
The company also clarified that none of the promoter or group entities have any interest in the awarding authority and the contract does not fall under related-party transactions.
The latest order is expected to strengthen the company’s infrastructure order book while improving long-term execution visibility across the roads, highways, and bridge construction segments.
As of 14 May 2026, at 9:30 AM, PNC Infratech share price is trading at ₹226.24 per share, reflecting a surge of 2.60% from the previous closing price.
The ₹571.81 crore bridge EPC project strengthens PNC Infratech’s order pipeline and reinforces its position in India’s transportation and infrastructure development sector.
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Published on: May 14, 2026, 10:09 AM IST

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