Afcons Infrastructure Share Price in Focus As It Gains Over 2%

Afcons Infrastructure shares moved over 2% higher on Friday. The stock gained up to 2,41% to ₹445.80 per share on the BSE.

Company Overview

Afcons Infrastructure is a leading engineering and construction company under the Shapoorji Pallonji Group. The company has delivered steady performance over the past decade in key financial and operational areas. Among similar-sized listed EPC companies, Afcons has recorded the highest growth in revenue, EBITDA, and net profit from FY09 to FY24.

Financial Growth and Order Book

• Afcons’ order intake and order book have grown at an annual rate of 17%–18% from FY06 to 9MFY25.
• Between FY06 and FY24, the company’s revenue grew at a CAGR of 18%, while net profit grew at 29%.
• Afcons has reduced its debt levels while maintaining consistent growth, making it stand out from competitors.

The company has also diversified its operations across different segments and countries, with international projects contributing 25–30% of its business. 

Stock Performance and Market Trend

Afcons Infrastructure debuted on the stock market on November 4, 2024.

• The stock was listed at ₹426 on the NSE, an 8% discount to its issue price of ₹463.
• On the BSE, it was listed at ₹430.05, a 7.12% discount.
• The stock has traded below its issue price, hitting a high of ₹570 on January 3, 2025, and a low of ₹398.55 on March 3, 2025.

Over the past month, Afcons Infrastructure shares have declined nearly 6%, and the stock is down more than 18% year-to-date.

Current Market Status

Afcons Infrastructure share price rose by 2.41% to ₹448.60 as of 2:33 PM IST on March 7, after opening at ₹440.00. The stock reached an intraday high of ₹448.90 and a low of ₹434.70. The company has a market capitalisation of ₹16,500 crore and a P/E ratio of 31.05. It does not currently offer a dividend yield. Over the past 52 weeks, the stock has hit a high of ₹570.00 and a low of ₹398.20.

Conclusion

With a diversified portfolio, robust revenue growth, and efficient financial management, Afcons Infrastructure remains well-placed for long-term success.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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