Hi Geddada. Can you take a pic with more focus? In this distance its difficult to identify..

It may be a species belonging to the Xylariales

It could also be something of the genus Cordyceps, anamorph. And what sprouted? Wood? Pupae of insects?

Piotr

What ever observed in picture is not clear. kindly mention sprouted material come out from soil. Whether this material is became infected or fungus ( Rhizomorphic fungi) it self directly coming from soil. If any sprout infected then it may be Rhizoctonoa, or Pythium or any other soil borne fungi

Yes, sprouted material come out form the soil not form the wood or others,  I think it is a soil borne fungi.  Accidently these material were cleared, so it is not possible for me to take more photos with close distance.Thank you  Akbari, Piotr , Nicolas and  Beatriz for your kind views

On the first picture you can see on one stromata grown perythecia. I think it is worth examining for signs of microscopic.

I agree with Nicolas van Vooren. This fungus belongs to Xylariales.

Dear friends in taxonomy it is necessary to study anatomy of the fruiting body. After taking section we could identify fungus. please send cross section of the body.

Thank you all for your responses and as suggested by  Dr Piotr Chachula,  and Dr. Dilip Hande herewith I am attaching the cross sections of this fungal material ( only two days back i have observed this mycelia in my compound.

Thanks. cross section showed mass of mycelium and perithecia under development. please take the section of older fruit body then it will be clear for Xylaria.

Dear Geddada;

It is unmature stromata of the genus Xylaria. For morphological identification of the fungus you must wait for maturation of the stromata and check its mature stromata (mainly such as substrate, shape, size, width, surface, tip of the stromata) and ascospore (such as shape, size, germ slit and ...) and comparing it characteristics with relevant literature of key to species of the genus Xylaria. Also you can try to molecular identification of the isolate by extracting its DNA, PCR with relevant ITS region primer sets (such as ITS1/ITS4, ITS5/ITS4 or ITS1F/ITS4), sequencing the PCR product and do blast search in the NCBI.