Afcons Infrastructure Share Price in Focus; Secures Over €100 Million Road Project in Africa

Afcons Infrastructure Limited has announced the receipt of a major road infrastructure contract in Uganda, Africa. The company disclosed the development through a press release dated January 31, 2026, confirming that the project was secured in the normal course of business. 

Details of the Uganda Road Project 

The infrastructure project is valued at over €100 million and involves the construction of a strategic road network in Uganda. The project is funded by a multilateral development agency and is aimed at supporting regional connectivity and economic activity within the country. 

Strategic Importance of the Contract 

The award adds to Afcons Infrastructure Limited’s presence across African markets and aligns with its export led growth approach. The company stated that the project highlights its focus on delivering high quality and sustainable infrastructure in international regions. 

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About Afcons Infrastructure Limited 

Afcons Infrastructure Limited is the flagship engineering and construction company of the Shapoorji Pallonji Group. The company has an operational legacy spanning over 6 decades and has executed multiple complex EPC projects in India and overseas markets. 

Global Rankings and Operations 

According to the latest ENR survey, Afcons Infrastructure is ranked among the Top 140 international contractors globally. The company holds the 12th position in bridges and the 8th position in marine and ports construction categories. 

Afcons Infrastructure Share Price Performance  

As of February 02, 2026, at 2:00 PM, Afcons Infrastructure share price on NSE was trading at ₹330.25 down by 0.89% from the previous closing price. 

Conclusion 

The €100 million road project win in Uganda represents an addition to Afcons Infrastructure Limited’s international order book. The contract reinforces the company’s operational footprint in Africa based on the information shared in the January 31, 2026 disclosure. 

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