Shares of PNC Infratech surged 9 per cent to Rs 284 on the BSE in intra-day trade on Wednesday, gaining 15 per cent in the past two days, amid heavy volumes after the company said it has a strong order book of over Rs 11,600 crore. The stock of the roads and highways construction company was quoting close to its record high level of Rs 291 touched on February 11, 2021.
At 10:41 am, PNC Infratech stock was up 7 per cent at Rs 278, as compared to a 0.52 per cent rise in the S&P BSE Sensex. The trading volumes on the counter more-than-doubled, with a combined 3.3 million shares having changed hands on the NSE and BSE so far.
