India's Afcons Infrastructure rises on project win in Europe

Afcons Infrastructure

12/05/2026 07:39

** Shares of Afcons Infrastructure AFCN.NS up 2.3% to 334.3 rupees, after rising as much as 9.9% earlier in the session

** Co wins project worth 75.44 bln rupees ($789.7 mln) for rehabilitation and construction of a railway line in Europe

** More than 8.5 mln shares traded, ~4x their 30-day moving avg

** Busiest session since April 15

** Avg analysts' rating is "buy" and median PT is 424.5 rupees - data compiled by LSEG

** YTD, AFCN down ~14%

($1 = 95.5325 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))