Afcons Infrastructure jumps on bagging LoA worth Rs 5301 crore from VPPL
Afcons Infrastructure is currently trading at Rs. 340.05, up by 24.30 points or 7.70% from its previous closing of Rs. 315.75 on the BSE.
The scrip opened at Rs. 332.35 and has touched a high and low of Rs. 346.00 and Rs. 332.35 respectively. So far 435277 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 479.05 on 10-Oct-2025 and a 52 week low of Rs. 265.90 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 358.90 and Rs. 289.30 respectively. The current market cap of the company is Rs. 12543.29 crore.
The promoters holding in the company stood at 50.17%, while Institutions and Non-Institutions held 33.14% and 16.69% respectively.
Afcons Infrastructure has received the Letter of Award (LoA) worth Rs 5301 crore (Excluding GST) from the Vadhvan Port Project (VPPL). The LoA is for the construction of a 10.14 km-long breakwater at the upcoming Vadhvan Port in Maharashtra. This project, when completed, will be the second longest breakwater in the world.
Envisioned as India’s largest public port and one of the world’s biggest container ports, Vadhvan Port will have a handling capacity of 23.2 million TEUs, positioning India prominently on the global trade map.
