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Afcons Infrastructure wins Rs 6800 cr Croatia Railway project; stock in focus

Afcons Infrastructure, a Shapoorji Pallonji Group company, secured the Dugo Selo-Novska railway line project in Croatia as the L1 bidder. Valued at Rs 6800 crore, this 72-month project significantly boosts Afcons' order book beyond Rs 35,311 crore, affirming its strong financial position and global infrastructure footprint.

Afcons International shares in focus
| Updated on: Oct 11, 2025 | 03:04 PM

New Delhi: Afcons Infrastructure Ltd, a company of Shapoorji Pallonji Group, which works in the infrastructure sector, has emerged as the Lowest Bidder L1 for the Dugo Selo-Novska railway line in Croatia. The cost of the Railway project is about Rs 6800 crore and it will be completed in 72 months. With the new deal, the company's order book has now exceeded Rs 35,311 crore.

Afcons Infrastructure share price settled at Rs 462.85 apiece on 10th October 2025. In the past one month, the stock gave nearly 2 per cent returns, while it jumped around 8 per cent over the past six months. In the one year, the counter has given a negative return of 2.39 per cent.

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Afcons Infrastructure Order book

Afcons Infrastructure said it has received a new civil and infrastructure order of Rs 576 million, including GST. This has been found under the company's regular business and includes railway and related infrastructure works. The company has chosen L1 for the reconstruction of the Dugo Selo-Novska railway line and construction of the second track in Croatia. This project also includes overhead electrification, signaling and telecommunication work, which makes it important internationally. The total cost of this railway project is about Rs 6800 million and it is to be completed in 72 months.

As of 31 March 2025, the company's order book is Rs 35,311 crore. Apart from this, L1 orders are worth Rs 21,556 crore. The company's financial position seems to be strong and stable. Net income was 5,326 million rupees and net income growth has been recorded at 18.26 percent.

Disclaimer: (This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold and crypto assets.)

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