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Delhi High Court Stays NHAI Debarment Order Against PNC Infratech

PNC Infratech shares rose as much as 8% after the Delhi High Court stayed NHAI debarment orders. The company said its and its subsidiaries’ business operations would continue as normal.

PNCINFRA

PNC Infratech said its business operations and those of its subsidiaries would continue as normal. Its shares rose as much as 8 per cent on Wednesday after the Delhi High Court stayed debarment orders issued by the National Highways Authority of India (NHAI), temporarily easing a major…