What to Watch. For road developers, ball is in apex court

Updated - January 16, 2018 at 10:25 PM.

Shares of road construction companies will remain in focus as the Supreme Court admitted the petition filed by Noida Toll Bridge, which moved against the Allahabad High Court order stopping it from collecting toll on the Delhi-Noida-Direct Flyway.

The apex court, which refused to put the HC order on hold, will give a detailed ruling on November 6. An adverse ruling may impact peer companies, such as MEP Infrastructure, Ashoka Buildcon, IL&FS Transportation and Sadbhav Infra.

Published on October 28, 2016 17:45