Share of Afcons Infrastructure Ltd rose on the opening session on Thursday, 30 January, after the corporate obtained the Letter of Award (LOA) from Hindustan Gateway Container Terminal Kandla.
The mission entails planning and setting up the Rs 1,283 crore marine package deal of the container terminal in Tuna Tekra, India (Package deal 1), which needs to be accomplished in 29 months.
On 13 January, the Maharashtra State Street Improvement Company (MSRDC) invited bids for the development of the Entry Managed Pune Ring Street (East) Packages PRR E5 and E7, which is able to price a complete of Rs 4,787.20 crore. The corporate received the bottom bid (L1).
On 8 January, the agency obtained a Letter of Intent for the EPC-based infrastructure mission in India from the Ministry of Protection, the Authorities of India, and the Defence Analysis and Improvement Group (DRDO). The order quantity got here to Rs 1084.54 crore.
The share hit a 52-week excessive of Rs 570 on 3 January 2025, and a 52-week low of Rs 420.25 on 4 November 2024.
At 1:03 pm, the shares of Afcons Infrastructure had been buying and selling 0.51% greater at Rs 460 on NSE.
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