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Infra stock jumps 3% after winning railway project worth ₹6,800 Cr in Croatia

Prominent infrastructure company secured a ₹6,800 crore railway project in Croatia, involving track reconstruction, electrification, and signalling, with a completion period of 72 months.

Introduction:

Leading infrastructure firm has been declared the lowest bidder for a ₹6,800 crore railway project in Croatia, involving track reconstruction, electrification, and signalling, with a completion timeline of 72 months from commencement.

Also Read: Infra stock jumps 4% after receiving order worth ₹910 Cr

Share price movement of Afcons Infrastructure:

On July 22, 2025, Afcons Infrastructure Ltd opened at ₹434.45, up 3.26% from its previous close of ₹418.75. The stock reached a high of ₹434.45 (3.73%) and a low of ₹422.90. By 10:50 AM, it traded at ₹426.80, marking a 1.92% increase, with a market cap of ₹15,697.05 crore.

Afcons Wins ₹6,800 Cr Railway Project in Croatia:

Afcons Infrastructure Limited has been declared the lowest bidder (L1) for a major railway project in Croatia. The project has been awarded by HŽ Infrastruktura d.o.o., the national railway infrastructure company of Croatia.

The contract involves reconstruction of the existing and construction of a second track on the Dugo Selo–Novska railway line. It includes electrification, signalling, and telecommunication works, with a completion timeline of 72 months from commencement.

The estimated value of the project is €677.07 million, equivalent to approximately ₹6,800 crore, based on the current exchange rate of ₹100.44 per Euro. The disclosure complies with SEBI Regulation 30.

Recent news on Afcons Infrastructure:

As of June 09, 2025, Afcons Infrastructure Ltd received a ₹700 crore LoA from Reliance Industries for Vinyl Project works at Dahej, Gujarat, to be completed by June 2026.

Stock performance of Afcons Infrastructure for Period of 1 week, 1 month, and 6 months:

Afcons Infrastructure Ltd delivered a -1.03% return over the past week. It declined by 4.77% in the past month and dropped 15.6% over the past six months.

Also Read: Large cap stock hits 10% upper circuit after reporting 70% YoY increase in revenue

Shareholding pattern of Afcons Infrastructure:

ParticularsJun 2025Mar 2025Dec 2024
Promoter50%50%50%
FII15.80%18.20%18.00%
DII14.50%12.10%11.10%
Public19.50%19.60%20.70%

About Afcons Infrastructure:

Afcons Infrastructure Ltd (NSE: AFCONS), incorporated in 1959, is a leading infrastructure engineering and construction company engaged in executing complex projects across transportation, marine, industrial, and urban infrastructure sectors in India and abroad.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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