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Afcons bags multilateral-funded ₹1087 Cr road project in Africa; details inside

News by Aliceblue News Desk

03 Feb 2026

Afcons bags multilateral-funded ₹1087 Cr road project in Africa; details inside

Introduction

Leading infrastructure firm secures a €100 million (₹1,087 crore) road project in Uganda, funded by a multilateral agency, expanding its footprint and supporting regional economic development.

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Share price movement of Afcons Infrastructure

On February 2, 2026, Afcons Infrastructure Limited opened at ₹335.00, up 0.24% from its previous close of ₹333.20. The stock reached a high of ₹335.00 and a low of ₹325.10. By 3:17 PM, it traded at ₹334.10, a 0.27% increase, with a market cap of ₹12,284.01 crore.

Afcons Wins €100M Uganda Project

Afcons Infrastructure Limited has secured a road infrastructure project in Uganda valued at over €100 million (approximately ₹1,087 crore). The project is funded by a multilateral development agency.

The project marks Afcons’ continued expansion across Africa. It aligns with the company’s export-led growth strategy and focuses on delivering high-quality, sustainable infrastructure to support regional economic development.

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

Afcons Infrastructure Limited delivered a 2.12% decline over the past week, fell 17.4% in the past six months, and dropped 29.6% over the past one year.

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Shareholding pattern of Afcons Infrastructure

ParticularsDec 2025Sep 2025Jun 2025
Promoter50.20%50.20%50.20%
FII13%13%16%
DII19.60%17.90%14.50%
Public17.40%19.10%19.50%

About Afcons Infrastructure

Afcons Infrastructure Ltd (NSE: AFCONS) is a flagship EPC company of Shapoorji Pallonji Group, executing complex projects in India and abroad, ranked among top global contractors.

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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.

FAQs

Q: Why is Afcons Infrastructure Ltd share price in focus today?

A: Afcons Infrastructure Limited has won a €100 million (₹1,087 crore) road project in Uganda, funded by a multilateral agency, reinforcing its expansion and export-led growth strategy.

Q: What is Afcons Infrastructure Ltd’s main business focus?


A: Afcons Infrastructure Limited focuses on engineering, procurement, and construction of complex infrastructure projects in India and internationally across marine, bridges, and transport sectors.

Q: What are the 52-week high and low of Afcons Infrastructure Ltd stock?


A: Afcons Infrastructure Limited stock recorded a 52-week high of ₹498.70 on 24-Mar-2025 and a 52-week low of ₹319.00.

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