Rs 38,021 crore order book: Shapoorji Pallonji Group’s civil construction company is recognised in Hurun India 500 list
The stock is up by 11.4 per cent from its 52-week low of Rs 412.15 per share.
Afcons Infrastructure Ltd, a flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group, is proud to announce its inclusion in the prestigious 2024 Burgundy Private Hurun India 500 list, a definitive ranking of India’s 500 most valuable companies. This recognition highlights Afcons Infrastructure's continuous commitment to value creation and its significant role in shaping the economic landscape of India.
The 2024 Burgundy Private Hurun India 500 list, a collaboration between Axis Bank's Burgundy Private and Hurun India, is a benchmark for corporate success in the Indian economy. It highlights the top 500 most valuable companies in India. Being part of this list puts Afcons Infrastructure among the elite group of companies that are shaping the narrative of India's growth and dynamism.
“We are truly honoured to be recognised among the Top 500 most valuable companies in India by the 2024 Burgundy Private Hurun India 500 list. This recognition underscores the hard work, dedication, and innovative approach of our teams at Afcons. We remain committed to creating long-term value for our stakeholders and contributing to India’s economic growth. In our quest for growth, we are excited about the future opportunities and challenges that lie ahead,” said S Paramasivan, Managing Director of Afcons Infrastructure Ltd.
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About Afcons Infrastructure Ltd
Afcons Infrastructure Ltd is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group. It has a legacy of over six decades, with a strong track record of executing numerous technologically complex EPC projects both within India and internationally. As per the latest ENR survey, Afcons is ranked in the Top 140 international Contractors globally; 12th in Bridges and 14th in Marine & Ports. The company has a market cap of over Rs 16,000 crore and as of December 31, 2024, the order book stands at Rs 38,021 crore excluding lowest bidder (L1) orders worth Rs 10,662 crore. The stock is up by 11.4 per cent from its 52-week low of Rs 412.15 per share.
Disclaimer: The article is for informational purposes only and not investment advice.