Afcons Infrastructure inches up on issuing Commercial Papers of Rs 25 crore
Afcons Infrastructure is currently trading at Rs. 422.60, up by 0.40 points or 0.09% from its previous closing of Rs. 422.20 on the BSE.
The scrip opened at Rs. 420.80 and has touched a high and low of Rs. 428.05 and Rs. 420.80 respectively. So far 15712 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 570.00 on 03-Jan-2025 and a 52 week low of Rs. 382.40 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 430.65 and Rs. 418.65 respectively. The current market cap of the company is Rs. 15572.00 crore.
The promoters holding in the company stood at 50.17%, while Institutions and Non-Institutions held 30.28% and 19.55% respectively.
Afcons Infrastructure has issued Commercial Papers (CPs) of Rs 25 crore on July 14, 2025 on private placement basis. The CPs have a tenure of 91 days, with a maturity date of October 13, 2025. The interest rate is 8.00%, paid upfront. The said Commercial Papers are proposed to be listed on the National Stock Exchange of India.
Afcons Infrastructure is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji group.
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