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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.
* Infrastructure firm PNC Infratech's shares rise as much as 6.64% to a one-month high of 165.76 rupees apiece * Rise after Delhi High Court grants stay on National Highways Authority of India's debarment orders dated September 3 and September 11 issued against PNCI * Last month, the NHAI had extended the debarment of
PNC Infratech said in an exchange filing that the Delhi High Court stayed the debarment order issued by the National Highways Authority of India.