PNC Infratech shares tank 20%. What’s triggering the steep plunge on Tuesday?

PNC Infratech shares slump 17% to fresh 52-week low | What’s the reason?

PNC Infratech shares fell 17% on September 16, reaching a one-year low of ₹116.25, totaling a two-day decline of 33.76%. The drop follows NHAI's extension of a three-year debarment on its subsidiary, affecting bid participation.

NHAI extends debarment to PNC Infratech; stock hits 52-week low

PNC Infratech’s shares fell 20% to ₹140.32 on September 15, 2026, hitting a new 52-week low on the NSE

PNC Infratech shares tank 20%. What’s triggering the steep plunge on Tuesday?

PNC Infratech shares plunged after NHAI extended the debarment of Awadh Expressway to the company for three years, restricting its participation in key road project bids. The company is evaluating legal remedies, while its ongoing projects remain unaffected.

PNC Infratech Shares Hit 20% Lower Circuit, 52-Wk Low

PNC Infratech shares crashed 20% to a 52-week low of Rs 140.32 after NHAI extended a 3-year debarment order to the company. Here’s what happened. The National Highways Authority of India had already debarred Awadh Expressway Private Limited, a concessionaire in which PNC Infratech is the promoter, over construction issues...