Afcons Infrastructure Share Price Rises 2% After Securing ₹6,800 Crore Railway Contract

Market Performance

Afcons Infrastructure share price witnessed a notable uptick of 2% in early trade on July 22, after the company clinched a major international project.

• Current Share Price: ₹427
• Gain: ₹8.25 or +1.97%
• Exchange: BSE
• 52-Week High: ₹570.00 (as of January 3, 2025)
• 52-Week Low: ₹382.40 (as of April 7, 2025)
• Distance from High: 25.09% below
• Distance from Low: 11.66% above
• Market Capitalisation: ₹15,704.40 crore

Main News: Croatian Railway Contract Boosts Momentum

The recent rally in Afcons Infrastructure share price is attributed to the company being declared L1 (lowest bidder) by HŽ Infrastruktura d.o.o. for a high-value railway project in Croatia.

• Contract Value: ₹6,800 crore
• Project: Rehabilitation and construction of a second track on the Dugo Selo - Novska railway line
• Scope of Work: Includes electrification, signalling, and telecommunication systems
• Project Timeline: To be executed in 72 hours

This development reinforces Afcons’ growing international footprint and engineering capabilities in rail infrastructure.

Company Details: Previous Contract Wins Cementing Growth

Afcons Infrastructure has been consistently bagging large-scale infrastructure projects, both internationally and domestically, which has played a significant role in driving the Afcons Infrastructure share price.

Recent Project Highlights:

• July 2025: Declared L1 in two packages by Croatian Motorways
  • Project: Road construction
  • Contract Value: ₹4,535.44 crore
• June 2025: Received Letter of Award from Reliance Industries
  • Project: Vinyl Projects at Dahej, Gujarat
  • Contract Value: ₹700 crore
• May 2025: Declared L1 for a water supply project in Rajasthan
  • Project: 353 villages in Dungarpur district from Kadana Back Water (Mahi Dam), Package-1
  • Contract Value: ₹463.50 crore

These wins have significantly improved the company's project pipeline, impacting the Afcons Infrastructure share price positively.

Summary

The steady climb in Afcons Infrastructure share price reflects strong market confidence driven by consecutive contract wins, including a massive ₹6,800 crore railway project in Croatia.

With a robust order book across sectors like rail, road, water supply, and petrochemicals, the company is building a solid growth trajectory. The recent price movement on the BSE, supported by its latest project milestone, underscores investor optimism surrounding Afcons Infrastructure share price.