Afcons Infra Rises on ₹700 Cr Reliance Deal & Strong Project Pipeline
Afcons Infra shares are buzzing in the market today (June 9), and here’s the breakdown of what’s happening: New Big Contract from Reliance Industries! Afcons has received a Letter of Award (LoA) worth ₹700 crore from Reliance Industries. • Work is for the Vinyl Project at Dahej, Gujarat • Includes civil, mechanical, installation, testing & commissioning works This is a strong signal of trust from one of India’s biggest companies. Another Big Win Recently In May, Afcons was declared the lowest bidder for a ₹463.5 crore village water supply project in Rajasthan (Dungarpur district – 353 villages). This adds to its strong project pipeline. Stock Performance • 52-week high: ₹570 (on Jan 3, 2025) • 52-week low: ₹382.40 (on Apr 7, 2025) • Currently 23.68% below its high • 13.77% above its low • Market Cap: ₹16,000+ crore Why It Matters for Investors Big contracts = higher revenue visibility Consistent order wins = strong business fundamentals At current levels, the stock is trading below its peak, which may attract interest. Watch Afcons Infra today – it’s building big and may keep climbing!

















