Shares of PNC Infratech surged 17.2% to hit a 52-week high of ₹535.40 apiece on the BSE after the company bagged orders worth ₹4,994 crore from the Maharashtra State Road Development Corporation.
HIT linked to funds managed by KKR & Co. Inc, is at the forefront of this strategic deal, covering approximately 3,800 lane kms across Uttar Pradesh, Madhya Pradesh, Karnataka, and Rajasthan.
Shares of PNC Infratech gained as much as 7.75% intraday, followed by IRB Infra, KNR Constructions, NCC, GMR Infra, L&T, and NBCC (India), among others.
