JKB Financial Services Ltd.

As on : 06-Mar-2026

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06-Mar-2026 12:57

Afcons Infrastructure rises after Goldman Sachs picks up minor stake

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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