The Allahabad High Court made the Delhi-Noida-Direct Flyway toll-free as it feels that Noida Toll Bridge Company Ltd. has collected a surplus of Rs. 578 crores after accounting for operating costs. Naturally, the market reacted to this news and the price fell by about 20% (the maximum that it can fall).
PPFAS mutual fund holds about 2.77% of this stock. It sent a note to investors on 26th Oct stating that