Afcons Infrastructure Share Price Jumps 10% After Securing ₹5,301 Crore Vadhvan Port Order

Afcons Infrastructure share price rallies around 10% in Wednesday's trade after the company announced that it had secured a major marine infrastructure contract worth ₹5,301 crore (excluding GST) from Vadhvan Port Project Limited (VPPL). 

The stock also witnessed a sharp increase in trading activity, with volumes surging more than 15.91 times compared to the average, reflecting heightened investor interest following the order announcement. 

Afcons Bags ₹5,301 Crore Vadhvan Port Breakwater Project 

The company received the Letter of Award for the construction of a 10.14 km-long breakwater at the upcoming Vadhvan Port in Maharashtra. Upon completion, the structure is expected to become the second longest breakwater in the world. 

The order further strengthens Afcons Infrastructure's order book and expands its presence in the marine infrastructure segment. 

Management Highlights Strategic Importance of the Project 

Executive Chairman Krishnamurthy Subramanian said the award reflects Afcons Infrastructure's expertise in delivering complex marine infrastructure projects and added that the Vadhvan breakwater project is expected to support India's ambition of becoming a global maritime hub. 

Managing Director S. Paramasivan said securing one of the world's landmark marine projects demonstrates India's growing capability in executing large-scale infrastructure projects and aligns with the country's long-term infrastructure development goals. 

Afcons Infrastructure Track Record in Marine Infrastructure 

Afcons Infrastructure has executed multiple marine infrastructure projects in India and overseas. Its international portfolio includes the Bulk Jetty at Port of Sohar in Oman, the New Owendo International Port in Gabon, and the Sulphur Jetty project in Kuwait. 

The company has also been recognised by Engineering News-Record (ENR), USA, as the eight largest marine and port facilities contractor globally. 

Read More: Afcons Infrastructure Share Price Surges Over 3% on Securing ₹7,544 Crore Europe Railway Project 

Afcons Infrastructure Share Price Performance 

As of June 10, 2026, at 10:10 AM Afcons Infrastructure share price was trading at ₹335 on the BSE, up 6.10% from the previous close.   

The company’s current market capitalisation stands at ₹12,289.52 crore. Over the last 3 months, the stock has delivered a positive return of around 21%. 

Conclusion 

Afcons Infrastructure share price gained momentum after the company secured the ₹5,301 crore Vadhvan Port breakwater project, while trading volumes jumped more than 15.91 times during the session. The order adds another large infrastructure project to the company's portfolio and strengthens its position in the marine engineering segment. 

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