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PNCINFRA — PNC Infratech News Story

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India's PNC Infratech rises after contract win

** PNC Infratech PNCI.NS rises 2.7% to 312 rupees, their biggest intraday pct-gain since late July

** Construction co wins contract worth 2.97 billion rupees ($33.94 million) from Airports Authority of India for extension of runway at Varanasi airport

** Stock rated "buy" on avg; median PT is 378 rupees - data compiled by LSEG

** Stock down 8.9% YTD

($1 = 87.5060 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))

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