India's PNC Infratech up 3% on $94.21 mln contract win

PNC Infratech

10/04/2023 05:24

** Shares of PNC Infratech Ltd  PNCI.NS  rise as much as
2.7% to 295.6 rupees, highest since April 3
    ** Construction firm said on Friday it received a contract
worth 7.71 bln rupees ($94.21 million) from Haryana Rail
Infrastructure Development Corp. 
    ** Trading volume at ~187,200 shares as of 9:40 a.m. IST 
    ** All sixteen analysts covering the stock have an
equivalent of "buy" rating; median PT is 407 rupees - Refinitiv
data
    ** Up to last close, stock was down 0.2% so far this year



($1 = 81.8400 Indian rupees)

 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))