Shares of Afcons Infrastructure surged 5.21% to Rs 343.60 during Tuesday’s trading session after the company announced a breakthrough in its international expansion strategy by securing a massive railway infrastructure project in Croatia worth approximately Rs 7,544 crore.
In its exchange filing dated May 11, Afcons Infrastructure announced that it had received intimation from the client confirming the company as the “most suitable bidder” for a railway rehabilitation and construction project in Europe.
