Expressway Caves In, Stock Crashes: What’s Happening With PNC Infratech?

By NDTV Profit

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PNC Infratech stock came under pressure after NHAI issued a notice over serious damage to a newly inaugurated stretch of the Lucknow-Kanpur Expressway. The construction firm has been asked to repair the damaged road at its own cost, while NHAI has proposed declaring PNC Infratech a “non-performer” — a move that could affect its ability to bid for future highway projects. The stock fell more than 6% after the notice, raising concerns among investors about the company’s future order inflows and its dependence on NHAI projects. But this isn’t the first time PNC Infratech has faced scrutiny. The company was also linked to a CBI bribery case in 2024. So, what exactly went wrong with the construction firm, and how serious is the NHAI action for PNC Infratech? #PNCInfratech #NHAI #StockMarket #Infrastructure #Construction #Expressway For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter th

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