AFCONSNSEAfcons Infrastructure LimitedMediumPositive
Announced Mon, 4 May · 18:00 IST

Afcons Infrastructure Limited has informed the Exchange about Bagging/Receiving of orders/contracts.

Business Updates View source PDF

AFCONS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹342.00
prior close
₹348.70
base price
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AI summary

Afcons Infrastructure Limited has secured an EPC contract valued at Rs 373 crore for civil infrastructure works in April 2026. The order comes under the company's Urban Infrastructure and Metro Business Unit and involves tunneling using Tunnel Boring Machine (TBM) technology. The company is the flagship infrastructure engineering and construction firm of the Shapoorji Pallonji Group with over six decades of experience and is ranked among the top 140 international contractors globally as per ENR survey. The order was received in the normal course of business. This represents positive business momentum for the company in the infrastructure segment.

Likely market impact

The Rs 373 crore order win strengthens Afcons' order book and provides revenue visibility for the coming quarters. It demonstrates continued momentum in the urban infrastructure and metro segment, which is positive for shareholders.