Afcons Infrastructure Secures Projects Worth Nearly ₹900 Cr in July
Afcons Infrastructure Limited has reinforced its presence in India's urban infrastructure sector after securing two significant projects in the month of July, which are collectively valued at nearly ₹900 crore. The company noted that these orders were received in the normal course of business operations.The project wins bolster Afcons' portfolio, demonstrating the company's consistent capability and standing within the highly competitive infrastructure domain.
Company Background and Global Footprint
Afcons Infrastructure Ltd., which is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group, boasts a legacy spanning over six decades. The organization possesses a robust track record for executing technologically complex EPC projects both domestically in India and internationally.Affcons operates across 31 countries, maintaining a strong footprint throughout South Asia, Africa, the Middle East, and CIS regions.
According to the latest ENR survey data, Afcons holds significant global rankings within the industry:
| Category | Ranking |
|---|---|
| International Contractors (Overall) | Top 140 |
| Bridges | 12th |
| Marine & Ports | 8th |
The company continues to strengthen its position as a leader in complex infrastructure development, driven by its historical experience and global operational reach.
AFCONS Stock Price Movement
Afcons Infrastructure Limited shares shed 0.53% on Friday, settling at ₹271.15 as the equity trading closed for the session. The stock traded within a range of ₹269.7 to ₹274.95, with total volume reaching over one million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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