{"id":5476,"date":"2024-12-16T09:56:43","date_gmt":"2024-12-16T04:26:43","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5476"},"modified":"2024-12-16T09:56:46","modified_gmt":"2024-12-16T04:26:46","slug":"afcons-infrastructure-hits-52-week-high-after-securing-rs-1006-crore-bhopal-metro-project","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/afcons-infrastructure-hits-52-week-high-after-securing-rs-1006-crore-bhopal-metro-project\/","title":{"rendered":"Afcons Infrastructure Hits 52-Week High After Securing Rs 1,006 Crore Bhopal Metro Project"},"content":{"rendered":"\n<p>Afcons Infrastructure shares reached a new 52-week high of Rs 561.75 during the opening trade on December 16 after the company received a Letter of Acceptance from Madhya Pradesh Metro Rail Corporation for the Bhopal Metro Rail Project.<\/p>\n\n\n\n<p>By 9:27 am, the company&#8217;s shares were trading at Rs 552.10, reflecting a rise of Rs 29.45 or 5.63 percent on the BSE.<\/p>\n\n\n\n<p>Designing and construction of an elevated viaduct, 13 elEvated Metro Stations and Depot Entry including design, supply and erection and related Works for the Bhopal Metro Rail Project on design-build Lump sum basis The Total Value: INR 1006.74cr Total Completion: 36 Months.<\/p>\n\n\n\n<p>Last week, the company&#8217;s joint venture, Afcons\u2013Hindustan, emerged as the lowest bidder for a water supply project in 353 villages of Dungarpur district in Rajasthan. The project valued at over Rs 503 crore has a concession period of 10 years after a defect liability period of one year.<\/p>\n\n\n\n<p>The company has recently completed the longest tunneling drive between the Tughlakabad Airforce Launching Shaft and Maa Anandmayee Marg Station, as part of the Tughlakabad-Aerocity corridor in Delhi Metro Phase IV.<\/p>\n\n\n\n<p>This was followed, in November, with an Afcons Infrastructure securing the LoA for Rs 1,274 crore Song Dam Project, in Uttarakhand; this envisages the undertaking civil and hydromechanical works to develop the concrete gravity dam at L. 130.6 metre in height across river song, flowing into Bhagirathi &#8211; dist. Dehradun, State of Uttarakhand.<\/p>\n\n\n\n<p>The company\u2019s shares were listed on November 4 at a discount of nearly 8 percent, with an opening price of Rs 426 per share against its offer price of Rs 463.<\/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><sup><sub>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/stocks\/afcons-infrastructure-shares-in-focus-on-project-win-worth-rs-1-006-74-crore-12890108.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-1-006-74-crore-12890108.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sub><\/sup><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Afcons Infrastructure shares reached a new 52-week high of Rs 561.75 during the opening trade on December 16 after the company received a Letter of Acceptance from Madhya Pradesh Metro Rail Corporation for the Bhopal Metro Rail Project. By 9:27 am, the company&#8217;s shares were trading at Rs 552.10, reflecting a rise of Rs 29.45 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5477,"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":[805],"class_list":["post-5476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-afcons-infrastructure-metro-project"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5476","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=5476"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5476\/revisions"}],"predecessor-version":[{"id":5478,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5476\/revisions\/5478"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5477"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}