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PNC Infratech Settles ₹485 Cr Award at Half Value; Big Win or Smart Exit?

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PNC Infratech Settles ₹485 Cr Award at Half Value; Big Win or Smart Exit?

Synopsis: Infra company accepts a government-backed settlement for an arbitration award, opting for a reduced but quicker payout with interest, ensuring faster cash inflow and improved financial certainty. The shares of this small cap company majorly engaged in undertaking infrastructure projects including highways, bridges, flyovers, power transmission lines and towers, airport runways, industrial area development and many more were in…

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