Latest news with #AfconsInfrastructure
Business Standard
a day ago
- Business
- Business Standard
Afcons Infrastructure consolidated net profit rises 50.02% in the June 2025 quarter
Sales rise 6.85% to Rs 3370.38 crore Net profit of Afcons Infrastructure rose 50.02% to Rs 137.40 crore in the quarter ended June 2025 as against Rs 91.59 crore during the previous quarter ended June 2024. Sales rose 6.85% to Rs 3370.38 crore in the quarter ended June 2025 as against Rs 3154.36 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 3370.383154.36 7 OPM % 12.9211.21 - PBDT 322.19265.68 21 PBT 183.38135.45 35 NP 137.4091.59 50
News18
2 days ago
- Business
- News18
Stocks To Watch Today: LIC, BSE, SBI, Tata Motors, Voltas, Kalyan, Biocon In Focus On August 8
Last Updated: After a major short-covering during the last hour of yesterday's Nifty weekly expiry session, the Indian equity markets prepares to open today for the last trading day of the week. Stocks To Watch Today, August 8: After a major short-covering during the last hour of yesterday's Nifty weekly expiry session, the Indian equity markets are preparing to open today for the last trading day of the week. The Gift Nifty futures are trading about 50 points lower, indicating a weak opening for the markets on August 8. Here's stocks to watch out for in today's trading session: Quarterly earnings are expected from Apeejay Surrendra Park Hotels, Afcons Infrastructure, Bombay Dyeing & Manufacturing Company, CE Info Systems, DOMS Industries, Equitas Small Finance Bank, ESAF Small Finance Bank, Gandhar Oil Refinery, Grasim Industries, Info Edge (India), Lemon Tree Hotels, Manappuram Finance, PG Electroplast, Siemens, State Bank of India, Tata Motors, TVS Supply Chain Solutions, Voltas, and Wockhardt. General Insurance Corporation of India (Q1 Consolidated YoY): Profit surged 80.7% to Rs 2,530.6 crore, while net premium income rose 11.6% to Rs 11,274 crore. Cummins India (Q1 Standalone YoY): Profit jumped 40.4% to Rs 589.3 crore, with revenue up 26.2% to Rs 2,906.8 crore. BSE (Q1 Consolidated YoY): Profit more than doubled to Rs 539.4 crore, and revenue rose 59.2% to Rs 958.4 crore. Hindustan Petroleum Corporation (Consolidated YoY): Profit soared 548.5% to Rs 4,110.9 crore, though revenue declined 2.7% to Rs 1.1 lakh crore. KRBL (Q1 Consolidated YoY): Profit jumped 74% to Rs 150.6 crore on a 32.1% rise in revenue to Rs 1,584.4 crore. Schneider Electric Infrastructure (Q1 YoY): Profit declined 14.9% to Rs 41.2 crore, though revenue rose 4.8% to Rs 621.6 crore. Linde India (Q1 Consolidated YoY): Profit slipped 5.7% to Rs 107.2 crore, with revenue down 12.6% to Rs 571.1 crore. Metropolis Healthcare (Q1 Consolidated YoY): Profit rose 18.7% to Rs 45.1 crore, and revenue grew 23.2% to Rs 386.1 crore. Gujarat State Fertilizers & Chemicals (Q1 Consolidated YoY): Profit climbed 58.7% to Rs 138.6 crore on slightly higher revenue of Rs 2,184.4 crore. Sun TV Network (Q1 Consolidated YoY): Profit fell 5.4% to Rs 529.1 crore, and revenue dipped 1.8% to Rs 1,290.3 crore. Global Health (Q1 Consolidated YoY): Profit increased 49.6% to Rs 159 crore, with revenue up 19.7% at Rs 1,030.8 crore. Medi Assist Healthcare Services (Q1 Consolidated YoY): Profit rose 19% to Rs 22.4 crore, while revenue climbed 13.6% to Rs 190.6 crore. GMM Pfaudler (Q1 Consolidated YoY): Profit declined 52% to Rs 11.2 crore, while revenue remained nearly flat at Rs 794.6 crore. Kalpataru Projects International (Q1 Consolidated YoY): Profit surged 154.4% to Rs 213.6 crore, and revenue jumped 34.5% to Rs 6,171.2 crore. Crompton Greaves Consumer Electricals (Q1 Consolidated YoY): Profit declined 19.4% to Rs 122.3 crore and revenue dropped 6.5% to Rs 1,998.3 crore. Godrej Consumer Products (Q1 Consolidated YoY): Profit inched up 0.4% to Rs 452.5 crore, with a 9.9% rise in revenue to Rs 3,661.9 crore. Kalyan Jewellers (Q1 Consolidated YoY): Profit increased 48.7% to Rs 264.1 crore, while revenue jumped 31.5% to Rs 7,268.5 crore. PTC India (Q1 Consolidated YoY): Profit increased 44.2% to Rs 195 crore, though revenue dropped 12% to Rs 4,009.2 crore. Data Patterns (Q1 YoY): Profit declined 22.2% to Rs 25.5 crore; revenue fell 4.6% to Rs 99.3 crore. Indigo Paints (Q1 Consolidated YoY): Profit dipped 2.2% to Rs 26 crore, while revenue dropped slightly to Rs 308.9 crore. Ramco Cements (Q1 Consolidated YoY): Profit more than doubled, rising 131.2% to Rs 84.6 crore; revenue was slightly down at Rs 2,074 crore. Bharti Airtel Promoter entity Indian Continent Investment is set to offload a 0.8% stake in a block deal worth around Rs 9,310 crore, with a floor price of Rs 1,862 per share, according to CNBC-TV18. AU Small Finance Bank The RBI has granted in-principle approval for its conversion into a universal bank. Zydus Lifesciences The company received its first-ever Notice of Compliance from Health Canada for Varenicline tablets used for smoking cessation. Piramal Pharma A fire broke out at a third-party warehouse in Telangana, affecting inventory worth an estimated Rs 45 crore. The incident is under investigation. Bulk Deals Eternal Antfin Singapore Holding Pte, a former Alibaba affiliate, sold 14.13 crore shares (1.46% stake) in Eternal (Zomato's parent) for Rs 4,096.7 crore at Rs 289.91 per share. Kotak Mahindra Bank Oppenheimer Funds Inc sold 1.03 crore shares (0.52% stake) at Rs 1,965.2 each, amounting to around Rs 2,035.4 crore. Zinka Logistics Solutions Ithan Creek Master Investors (Cayman) LPF sold 9.9 lakh shares (0.55% stake) at Rs 540.54 per share, worth Rs 53.67 crore. top videos View all IPO Listing Today Flysbs Aviation is set to debut on the SME platform today. About the Author Mohammad Haris Haris is Deputy News Editor (Business) at He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris More Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. tags : stocks to watch Stocks to watch today view comments Location : New Delhi, India, India First Published: August 08, 2025, 08:03 IST News business » markets Stocks To Watch Today: LIC, BSE, SBI, Tata Motors, Voltas, Kalyan, Biocon In Focus On August 8 Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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Business Standard
22-07-2025
- Business
- Business Standard
₹6,800-cr order lifts Afcons Infrastructure share price 4% today; details
Afcons Infrastructure share price: Construction engineering company Afcons Infrastructure share price increased as much as 3.74 per cent to hit an intraday high of ₹434.45 per share on Tuesday, July 22, 2025. Around 11:00 AM, Afcons Infrastructure scrip was trading 1.31 per cent higher at ₹422 per share. By comparison, BSE Sensex was trading 0.62 per cent higher at 81,751.14 levels. Why did Afcons Infrastructure share price rise today? The uptick in the shares of Shapoorji Pallonji Group's flagship company, Afcons Infrastructure, came after the company emerged as the Lowest Bidder (L1) for a project worth approximately ₹6,800 crore. In an exchange filing, Afcon Infrastructure said, 'We are pleased to inform you that Afcons Infrastructure Limited has been declared the Lowest Bidder (L1) for by HŽ Infrastruktura d.o.o. (HŽ Infrastructure Ltd) for rehabilitation & construction of a Railway line in the Republic of Croatia.' The project involves the reconstruction and construction of a second track on the Dugo Selo-Novska railway line. The scope includes overhead electrification, signalling, and telecommunication works. The estimated value of the contract is EUR 677.07 million (approximately ₹6,800 crore), and it will be executed on a BOQ/Item rate basis with a completion timeline of 72 months. Afcons Infrastructure IPO listing Afcons Infrastructure made a quiet debut on the bourses on November 4, 2024. On the BSE, the scrip listed at ₹430.5, reflecting a discount of 7.01 per cent against the IPO issue price of ₹463. Similarly, on the National Stock Exchange (NSE), Afcons Infrastructure listed at a discount of 7.99 per cent at ₹426 against the IPO issue price. About Afcons Infrastructure Afcons Infrastructure, a part of the renowned Shapoorji Pallonji Group, is one of India's leading infrastructure, engineering, and construction companies. Known for its expertise in executing complex EPC (Engineering, Procurement, and Construction) projects, Afcons plays a vital role in developing critical infrastructure across sectors. The company's diverse portfolio spans marine and industrial facilities, surface transport projects such as roads and highways, urban infrastructure including metros and flyovers, as well as hydro, tunneling, and oil & gas infrastructure. With a strong global footprint, Afcons has successfully delivered major projects in Asia, Africa, and the Middle East. The market capitalisation of Afcons Infrastructure is ₹15,720.95 crore, according to BSE. The company falls under the BSE 500 index category.
Time of India
22-07-2025
- Business
- Time of India
Afcons Infrastructure: Afcons Infra's Shares Surge 4% After Winning ₹6,800-Crore Railway Project in CroatiaETInfra
Advt Stock performance and outlook Shares of Shapoorji Pallonji group firm Afcons Infrastructure rallied 3.7 per cent to their day's high of ₹434.45 on the BSE on Tuesday after the company announced it has emerged as the lowest bidder for a major railway project in the Republic of bid was awarded by HŽ Infrastruktura d.o.o. (HŽ Infrastructure Ltd) for the reconstruction of the existing track and construction of a second line on the Dugo Selo–Novska railway route . The project also includes overhead electrification and signalling & telecommunication estimated contract value, excluding VAT, is €677 million (approximately ₹6,800 crore). The work will be executed on a BOQ/item-rate basis , with a scheduled completion period of 72 months from the commencement date in May, Afcons Infrastructure said it had received a letter of commitment for a civil and structural contract worth ₹175 crore from Reliance Industries for work at Jamnagar, Gujarat. The final value will depend on the actual work executed, as per the contract Monday, Afcons Infra shares ended 0.36 per cent higher at ₹418.70, tracking broader market gains. However, the stock has declined 17 per cent over the past six months and is down 22 per cent to Trendlyne, the average target price for Afcons Infra is Rs 543, suggesting a potential upside of nearly 30% from current levels. Of the seven analysts covering the stock, most have a 'Strong Buy' rating.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
22-07-2025
- Business
- Time of India
Afcons Infra shares in focus after emerging lowest bidder for Rs 6,800-crore railway project in Croatia
Afcons Infra shares: The company has been identified as the lowest bidder for a significant railway project in the Republic of Croatia. Afcons Infra shares: HŽ Infrastruktura Ltd awarded the contract for the reconstruction of the existing track and the construction of a second line on the Dugo Selo–Novska railway route. The project also encompasses overhead electrification as well as signalling and telecommunication work. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Stock performance and outlook Shares of Shapoorji Pallonji group firm Afcons Infrastructure will be in focus on Tuesday after the company announced it has emerged as the lowest bidder for a major railway project in the Republic of bid was awarded by HŽ Infrastruktura d.o.o. (HŽ Infrastructure Ltd) for the reconstruction of the existing track and construction of a second line on the Dugo Selo–Novska railway route . The project also includes overhead electrification and signalling & telecommunication estimated contract value, excluding VAT, is €677 million (approximately Rs 6,800 crore). The work will be executed on a BOQ/item-rate basis, with a scheduled completion period of 72 months from the commencement date in May, Afcons Infrastructure said it had received a letter of commitment for a civil and structural contract worth Rs 175 crore from Reliance Industries for work at Jamnagar, Gujarat. The final value will depend on the actual work executed, as per the contract Monday, Afcons Infra shares ended 0.36% higher at Rs 418.70, tracking broader market gains. However, the stock has declined 17% over the past six months and is down 22% to Trendlyne, the average target price for Afcons Infra is Rs 543, suggesting a potential upside of nearly 30% from current levels. Of the seven analysts covering the stock, most have a 'Strong Buy' rating.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
