Afcons Infrastructure Ltd receives LoI worth Rs. 1084.54 crores

Afcons Infrastructure Limited has received a Letter of Intent from the Govt of India, Ministry of Defence, Defence Research and Development Organisation (DRDO) for the execution of work related to the augmentation of MTC, creation of SAF, and workshop equipment for the ship lift facility (AMCSWF) at Visakhapatnam.

The order value is Rs. 1084.54 Cr (including GST).

Shares of Afcons Infrastructure Limited was last trading in BSE at Rs. 543.75 as compared to the previous close of Rs. 535.00. The total number of shares traded during the day was 361539 in over 19090 trades.

The stock hit an intraday high of Rs. 570.00 and intraday low of 534.95. The net turnover during the day was Rs. 199830776.00.

Source : Equity Bulls

Keywords

AfconsInfrastructure INE101I01011 CivilConstruction LOI OrderWin DRDO