PNC Infratech, a construction company, has got a new Letter of Acceptance (LoA) worth ₹495 crore from Bihar State Road Development Corporation (BSRDC). Project: Building a big bridge and approach road in Bihar. This is good news because new projects mean more work and more revenue for the company. Recently, the Competition Commission of India (CCI) also approved PNC Infratech’s plan to acquire Jaiprakash Associates, which is under insolvency process. The company also became the lowest bidder for a project at Varanasi Airport worth ₹297 crore (runway extension & strengthening). Stock update (as of last close): • Last Price: ₹307 (down ₹3.15 or 1.02%) • 52-week High: ₹470.40 (16 Oct 2024) • 52-week Low: ₹235.70 (07 Apr 2025) • Current Price is 34.7% below high and 30.2% above low • Market Cap: ₹7,875 crore Takeaway: PNC Infratech is bagging new projects and expanding business, which is positive for future growth. But the stock is still trading far below its 52-week high, so investors are watching closely.

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