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Afcons Infrastructure Issues Rs. 100 Crore Commercial Papers

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Afcons Infrastructure Issues Rs. 100 Crore Commercial Papers

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Afcons Infrastructure Limited ( (IN:AFCONS) ) just unveiled an announcement.

Afcons Infrastructure Limited has announced the issuance of commercial papers worth Rs. 100 Crores, which will be listed on the National Stock Exchange of India. The commercial papers have a tenure of 365 days with an interest rate of 8.50% per annum, and they are unsecured with a Crisil A1+ credit rating, indicating a strong capacity to meet financial commitments.

More about Afcons Infrastructure Limited

Afcons Infrastructure Limited operates in the infrastructure industry, focusing on construction and engineering services. The company is known for its involvement in large-scale infrastructure projects, providing services that include construction of roads, bridges, tunnels, and other critical infrastructure components.

Average Trading Volume: 77,055

Technical Sentiment Signal: Hold

Current Market Cap: 165.5B INR

Learn more about AFCONS stock on TipRanks’ Stock Analysis page.

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