Afcons Infrastructure Limited has received a Letter of Commitment from Reliance Industries Limited (RIL) for civil and structural erection work at its Jamnagar facility in Gujarat.
The contract, valued at approximately ₹175 crore (excluding GST), will be executed as per the Bill of Quantities (BOQ). While the exact completion timeline is yet to be finalized, it will be mutually agreed upon by both parties.
This project further strengthens Afcons’ presence in the industrial infrastructure space.
In the meantime, Afcons Infrastructure shares opened at ₹434.95 today, touched a high of ₹435.35 and a low of ₹425.60 during the session. The stock has been trading between a 52-week high of ₹570.00 and a 52-week low of ₹398.00.
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Afcons Infrastructure