PNC Infratech becomes L1 bidder in HAM project worth - 864 crorePNCINFRA - 273 Change: 1.80 (0.66 %)
News: PNC Infratech has been declared the L1 bidder for NHAI's project namely "upgradation of 54.4 km long four-lane road in Uttar Pradesh on HAM mode". The bid project cost was at Rs.864 crore.
Views:PNC’s order book at the end of Q3FY22 was at ~Rs.12,000 crore. While inflows for the company during 9MFY22 were muted due to heightened competitive intensity, inflows improved drastically during Q4FY22 and it has secured projects worth ~Rs. 8,500 crore. The recent project wins would strengthen the company's overall order book position and revenues visibility ahead.