Afcons Infrastructure Wins Rs148.67 Cr Arbitration Award; Bank Guarantee Ordered to Release
India, June 30 -- A leading Indian infrastructure engineering and construction company came into focus after disclosing a favourable arbitration award relating to a tunnel project executed in Jammu and Kashmir. The company filed the disclosure with the exchanges on June 30, 2026, confirming the award amount and a related direction on collateral held against the contract.
With a market capitalisation of approximately Rs. 11,485.91 crore, the shares of Afcons Infrastructure Limited were trading at Rs. 312.30 per share, down 1.12 percent from its previous closing price of Rs. 315.55 apiece. It is trading at a P/E of approximately 46.33.
An Arbitral Tribunal has granted Afcons an award of Rs. 148.67 crore relating to claims arising from the...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.