Shares of Afcons Infrastructure gained as much as 4.40% during Tuesday’s trading session, touching an intraday high of Rs 290.90, after the company announced it received a favourable arbitral award worth Rs 335.50 crore.
The company disclosed in a regulatory filing that an Arbitral Tribunal, in proceedings between Afcons Infrastructure Limited and Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), passed the award in favour of Afcons on August 24, 2026.