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2026-05-12 11:31:57 am | Source: Accord Fintech
Afcons Infrastructure zooms on emerging as suitable bidder for Railway Line project in Europe
Afcons Infrastructure zooms on emerging as suitable bidder for Railway Line project in Europe

Afcons Infrastructure is currently trading at Rs. 338.20, up by 11.65 points or 3.57% from its previous closing of Rs. 326.55 on the BSE.

The scrip opened at Rs. 352.70 and has touched a high and low of Rs. 358.90 and Rs. 336.20 respectively. So far 566534 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. 367.00 and Rs. 305.05 respectively. The current market cap of the company is Rs. 12477.09 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 been selected as the most suitable bidder, with a proposal to accept bid for rehabilitation and construction of a Railway Line in Europe. This project underscores the company’s long-term commitment to delivering world-class infrastructure globally and is to be the company’s largest international order to date.

The project entails the reconstruction of the existing track and construction of a second track railway line. In addition to civil works, the scope includes overhead electrification, signalling, and telecommunication works. The project is valued at 677.07 million euro, excluding taxes (around Rs 7544 crore).

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