Bengaluru, June 2 -- the shares of one of the leading infrastructure development company in India surged 6 percent on NSE, after securing an infrastructure project worth more than Rs. 16 crores in Tamil Nadu.

With a market cap of Rs. 424.4 crores, at 11:55 a.m., the shares of AVP Infracon Limited were trading in the green at Rs. 169.9 on NSE, up by nearly 5 percent, as compared to its previous closing price of Rs. 161.5.

AVP Infracon Limited has secured a Letter of Acceptance (LOA) from the Superintending Engineer Highways NABARD & Rural Roads Circle, Salem, for the construction of a Road Over Bridge between the Singanallur and Peelamedu railway stations. The contract is valued at ~Rs. 16.23 crores and is scheduled for completion within...