PNC Infratech Shares soars 7% as Arm Receives Rs 391 Crore in Settlement Agreement – Equitypandit
Shares of PNC Infratech Ltd soared 7% on 3 June after the company’s subsidiary, PNC Kanpur Highways Ltd, announced receiving a payment of Rs 390.62 crore from the National Highways Authority of India (NHAI). The company, in its regulatory filing, said that this was made under the Government of India’s ‘Vivad Se Vishwas II (Contractual…