Shares of PNC Infratech rose more than 2% in morning trade on April 10 as the company won the EPC project from Haryana Rail Infrastructure Development Corporation.

In a press release to exchanges, PNC Infratech said the infrastructure company had received a Letter of Acceptance (LoA) from Haryana Railway Infrastructure Development Corporation for a project worth Rs 771.46 crore.

The project includes the design and construction of civil works (earthworks, bridges, station buildings, retaining walls and other miscellaneous Linkage of the rail network and New Patli to Sultanpur station, including renovation/civil works of Sultanpur station about the laying of the new BG double track railway line of the Haryana HORC project. The project will be executed within 30 months.

Earlier this month, the company received letters of award from the National Highways Authority of India (NHAI) for 3 projects worth Rs 3,264.43 crore.

PNC Infratech was quoted at Rs 294 on the BSE at 9:19 am, up Rs 6.75, or 2.35%.

The stock hit a 52-week high of Rs 354.55 and a 52-week low of Rs 219.35 on February 3, 2023, and June 20, 2022, respectively. It trades 17.08% below its 52-week high and 34.03% above its 52-week low.