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Afcons Infrastructure shares decline 4% after client issues termination notice for €113 million contract
Afcons Infrastructure said major portions of the project — around 93.47% as of December 31, 2025 — had been completed and opened to traffic nearly two years ago. Certain balance portions were awaiting land handover.
Afcons Infra faces termination of €113-mn Gabon road contract, says over 93% work done
The EPC contract was for the design, construction, rehabilitation, and upgrading of National Road NR1, approximately 117 km, with a contract value of €113.03 million. Afcons said around 93.47% as of December 31, 2025, have been completed and opened to traffic nearly two years ago. Shares of Afcons Infrastructure Limited ended at ₹307.60, down by ₹5.15, or 1.65%, on the BSE today, February 24.
Stocks to Watch Today: Indian Hotels, Syrma SGS, Groww, Afcons Infra, Bharat Forge, HG Infra, Munjal Auto, HFCL, Windsor Machines in focus on 12 May
Stocks to Watch May 12: Stocks like Indian Hotels Company, JSW Energy, Satin Creditcare Network, Paradeep Phosphates, Syrma SGS Technology, Billionbrains Garage Ventures Groww, Afcons Infrastructure, HFCL, Bharat Forge, and HG Infra Engineering will be in focus on May 12.
Afcons Infrastructure soars over 9% on Rs 5,301-crore Vadhvan Port project win in Maharashtra
According to the company, the structure will be the world's second-longest breakwater upon completion.
Afcons Infrastructure slumps 4% after reporting Rs 88 crore Q4 loss
The EBITDA margin also narrowed sharply to 1.6 per cent from 9.1 per cent in the year-ago quarter