PNC Infratech share price added more than 2 percent in the early trade on September 22 following the company received LoA for a project in Bihar worth Rs 495.5 crore.
At 09:25am, PNC Infratech was quoting at Rs 315.15, up Rs 8.15, or 2.65 percent, on the BSE.
The company has received Letter of Acceptance (LOA) from Bihar State Road Development Corporation (BSRDC) for the project namely construction of high level bridge and approach road on Hathouri-Atrar-Bavangama-Aurai Road in Bihar.
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Earlier in this month, the Competition Commission of India (CCI) has approved the proposed acquisition of Jaiprakash Associates by PNC Infratech. Jaiprakash Associates is currently undergoing the corporate…