Afcons Infrastructure Limited has informed the Exchange about Awarding of order(s)/contract(s)

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AFCONS · price

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Price reactionminutes from the announcement price · days from the prior close

-0.7%Reaction day

₹433.25

prior close

₹426.15

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%-0.3% vs market

Civil Construction peers, median of 87sector-0.8%+0.1% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Smallcap 250 and 0.1 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

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15m

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30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7-0.4-0.3-0.8+0.1

Next day

-0.1-0.0-0.0-0.9+0.8

-1.0+0.0-1.0-0.6-0.4

-2.1-0.2-1.9-1.2-0.9

-1.7-0.4-1.2-1.3-0.3

-2.0+0.1-2.1-1.0-0.9

-1.9-0.7-1.2-2.3+0.4

15d

-2.0+0.5-2.5-3.0+1.0

-6.3-4.1-2.2-6.1-0.2

-1.6-5.2+3.6-7.3+5.8

+3.9-4.2+8.1-7.6+11.5

UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 87Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Afcons Infrastructure has received a Letter of Commitment (LoC) from Reliance Industries Limited (RIL) for Civil & Structural Erection work at Jamnagar, Gujarat. The indicative contract value is Rs. 175 crores (excluding GST), though actual payment will be based on work executed. The work will be carried out on a BOQ (Bill of Quantities) basis, with the completion timeline to be mutually agreed between both parties. This is a domestic order from a major private sector client, adding to Afcons' order book from a reputed counterparty.

Likely market impact

This order from RIL, a highly creditworthy counterparty, strengthens Afcons' order pipeline and provides revenue visibility, though the size is modest relative to the company's overall scale. Positive for investor sentiment given the client's strong reputation, but unlikely to materially move the stock.