Shares of Afcons Infrastructure Ltd surged 3% on 22 July after the corporate obtained a Croatian Railway reconstruction contract value Rs 6,800 crore.
HŽ INFRASTRUKTURA d.o.o. (HŽ Infrastructure Ltd) chosen the corporate because the lowest bidder (L1) for the rehabilitation and building of a railway line within the Republic of Croatia.
The enterprise acknowledged that the restoration of the present monitor and building of a second monitor on the Dugo Selo-Novska railway line, together with overhead electrification, signalling, and telecommunications work, can be accomplished in 72 hours.
Final week, Croatian Motorways deemed the corporate the bottom bidder in two totally different packages for highway constructing within the Republic of Croatia, valued at Rs 4,535.44.
Earlier, in June, the enterprise received a Letter of Award (LoA) from Reliance Industries for Rs 700 crore value of constructing work regarding the Vinyl Initiatives in Dahej, Gujarat.
In Could, the corporate was declared the bottom bidder (L1) for the water provide challenge serving 353 villages within the Dungarpur district by means of the Kadana Backwater (Mahi Dam) Package deal-1. The entire challenge price is Rs 463.50 crore.
On 03 January 2025 and 07 April 2025, the share reached a 52-week excessive of Rs 570.00 and a low of Rs 382.40, respectively.
At 11:58 am, the shares of Afcons Infra had been buying and selling 2.29% greater at Rs 428.40 on NSE.
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