{"id":5102,"date":"2024-11-22T08:56:49","date_gmt":"2024-11-22T03:26:49","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5102"},"modified":"2024-11-22T08:56:51","modified_gmt":"2024-11-22T03:26:51","slug":"afcons-infrastructure-shares-in-focus-after-winning-rs-1274-crore-song-dam-project","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/afcons-infrastructure-shares-in-focus-after-winning-rs-1274-crore-song-dam-project\/","title":{"rendered":"Afcons Infrastructure Shares in Focus After Winning Rs 1,274 Crore Song Dam Project"},"content":{"rendered":"\n<p>Afcons Infrastructure is expected to see increased attention in the stock market on November 22 after receiving a Letter of Acceptance (LoA) from the Uttarakhand Project Development and Construction Corporation (UPDCC). The LoA is for civil and hydromechanical works related to the construction of a 130.6-meter-high concrete gravity dam as part of the Song Dam Project across the River Song in Dehradun, Uttarakhand.<\/p>\n\n\n\n<p>The total project cost is Rs 1,274 crore, with a planned completion timeline of 60 months (5 years). This project is a significant addition to the company\u2019s growing order book.<\/p>\n\n\n\n<p>A meeting of the Board of Directors of the Company is scheduled on 23rd November 2024, to consider and approve unaudited standalone and consolidated financial results for the quarter and half-year ended 30th September 2024.<\/p>\n\n\n\n<p>Afcons Infrastructure earlier this month had also emerged as the L1 bidder for a Rs 1,007 crore- contract awarded by Madhya Pradesh Metro Rail Corporation Limited.<\/p>\n\n\n\n<p>Afcons shares were listed at Rs 426 per share, about 8% lower than the offer price of Rs 463, but recent developments like these project wins may boost investor sentiment.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/stocks\/afcons-infrastructure-shares-in-focus-on-project-win-worth-rs-1274-crore-12872854.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/stocks\/afcons-infrastructure-shares-in-focus-on-project-win-worth-rs-1274-crore-12872854.html\" rel=\"noreferrer noopener nofollow\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Afcons Infrastructure is expected to see increased attention in the stock market on November 22 after receiving a Letter of Acceptance (LoA) from the Uttarakhand Project Development and Construction Corporation (UPDCC). The LoA is for civil and hydromechanical works related to the construction of a 130.6-meter-high concrete gravity dam as part of the Song Dam [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[712],"class_list":["post-5102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-afcons-infrastructure-project"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=5102"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5102\/revisions"}],"predecessor-version":[{"id":5104,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5102\/revisions\/5104"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5103"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}