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(06 Mar 2026, 12:57)

Afcons Infrastructure rises after Goldman Sachs picks up minor stake

Afcons Infrastructure advanced 1.07% to Rs 287.75 after Goldman Sachs acquired 0.26% stake in the company via bulk deals on 05 March 2026.


As per the bulk deal data on the NSE, Goldman Sachs Bank Europe SE – ODI bought 9.71 lakh equity shares (or 0.26% stake) of Afcons Infrastructure at Rs 276.50 each yesterday, 05 March 2026.

On the same day, Morgan Stanley Asia Singapore Pte sold 9.71 lakh equity shares (or 0.71% equity) of Afcons Infrastructure at Rs 276.50 per share.

Afcons Infrastructure, the flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group. It is a well-diversified infrastructure construction company, and it has delivered projects ranging from expressways, underground and elevated metros, railways, bridges, dams, irrigation systems, hydro, water supply, ports, breakwaters, and oil & gas around the world.

The company's consolidated net profit declined 34.77% to Rs 97.09 crore on a 7.33% fall in revenue to Rs 2,975.77 crore in Q3 FY26 as compared with Q3 FY25.


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