Afcons Infrastructure shares in focus after securing Rs 1,007 crore metro rail project
Afcons Infrastructure, a subsidiary of the Shapoorji Pallonji Group, are in focus after the company received a Letter of Acceptance (LOA) from Madhya Pradesh Metro Rail Corporation for the Bhopal Metro Phase 1 project worth Rs 1,007 crore.
«We hereby inform you that the Company has today received Letter of Acceptance (LOA) from Madhya Pradesh Metro Rail Co. Ltd formally confirming our selection and the award of the said Project to the Company», company said in an exchange filings.
The 12.915 km stretch of Bhopal Metro's blue line will cost about Rs 1006.74 crore. It is expected to be completed in 36 months via EPC mode.
«Part Design and Construction of elevated Viaduct, thirteen (13) elevated Metro Stations which will connect Bhadbhada Chauraha to Ratnagiri Tiraha (excluding an Elevated Passenger interchange Metro Rail Station),between chainage 50+000 and 62+915 and access to Depot between Chainages 00+143 and 01+080 for Blue Line for Bhopal Metro Rail Project», company added in exchange filings.
Also Read: Hot Stocks: 5 stocks that may give returns between 11-30%
Stock Trading
Market 104: Options Trading: Kickstart Your F&O Adventure
By — Saketh R, Founder- QuickAlpha, Full Time Options Trader
Stock Trading
Advanced Strategies in Stock Market Mastery
By — CA Raj K Agrawal, Chartered Accountant
Stock Trading
Stock Markets Made Easy
By — elearnmarkets, Financial Education by StockEdge
Stock Trading
Options Scalping Made Easy
By — Sivakumar Jayachandran, Ace Scalper
Stock Trading
Derivative Analytics Made Easy
By — Vivek
