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PNC Infratech shares crashed 20%; Nuvama puts stock 'under review' post MoRTH disqualification

By Business Today - 9 hours ago
PNC Infratech share price: Nuvama Institutional Equities has put the stock 'under review' after disqualification for a year from MoRTH projects. "MoRTH has disqualified PNC Infratech and its two subsidiaries from participating in any new tender process of the ministry (including NHAI and NHIDCL) for one year due to a bribery case filed by the CBI involving four employees of the company," it stated.

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