PNC Infratech Ltd. Share Price

Shapoor Mistry Eyes ₹25,000 Cr from Tata Stake

Shapoor Mistry, chairman of the Shapoorji Pallonji Group, is seeking around ₹25,000 crore over the next two years by monetising part of the group’s stake in Tata Sons. The SP Group holds an estimated 18.37% in the unlisted holding company and aims to sell about 7% of its holding. Mistry has submitted a proposal to Tata Trusts chairman Noel Tata. The structure under discussion would provide cash proceeds over a defined period while helping preserve Tata Sons’ private-company status. Talks continue between the two sides on valuation, quantum and timing. The move is aimed at addressing the group’s near-term funding and refinancing requirements. A successful transaction would unlock significant liquidity for the Shapoorji Pallonji Group while maintaining an orderly process for the stake reduction. **Top stocks in the infrastructure & construction industry:** Larsen & Toubro, IRB Infrastructure Developers, and

Dilip Buildcon Divests 51% Stake in Mekhali Power

PNC Infratech Q1 Profit Falls 23% Despite Strong Revenue and EBITDA Growth

Research Analyst: UJVIN NEVATIA (PROPRIETOR: NEVAT INVESTMENTS) | SEBI Registration No.: INH100009628

PNC Infratech declined 5.02% to Rs 241.78 on Thursday after the National Highways Authority of India (NHAI) issued show-cause notices over portions of the Kanpur-Lucknow Expressway affected by recent heavy rains. The company, however, clarified that it has neither been debarred nor classified as a "non-performer" by NHAI. According to an exchange filing, the notices were issued to Awadh Expressway Private Ltd, a subsidiary of PNC Infratech, after around 300 metres of the expressway—less than 0.5% of its total length—sustained damage due to prolonged and intense rainfall. PNC Infratech said most of the affected stretches have already been repaired or rectified, while restoration work on the remaining sections is in progress. The show-cause notices propose a penalty equivalent to 2% of the project's performance security, initiation of debarment proceedings against certain technical personnel for up to three years, and a downgrade in the concessionaire's Pavement Condition Index (PCI) rating. The company said it is in the process of submitting its responses to NHAI. The company further stated that the cost of repairs and rectification has already been accounted for under the concessionaire's routine maintenance obligations. It also maintained that the matter will have no material impact on its financial position, ongoing operations, or execution of other projects.

WATCH OUT FOR STOCKS IN NEWS

Watch out for the below mentioned stocks in news which are likely to be on spotlight for today the 03-Aug-2026 : - NCC : The shares of NCC will be In focus after securing three distinct infrastructure contracts in July worth ₹1,052.71 crore across its buildings and water divisions. PNC Infratech : PNC Infratech Secured a ₹302.44 crore EPC letter of intent from the Airports Authority of India for development at Pantnagar Airport. IdeaForge Technology: Received in-principle clearance for ₹151 crore funding at an subsidized 4% interest rate for heavy-lift aerial logistics vehicle projects. Bajaj Finance & Bajaj Finserv: Leading market momentum after reporting a robust 27-28% YoY surge in consolidated net profit to approximately ₹6,000 crore.

PNC Infratech Secures New Highway Project