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Ashoka Buildcon’s arm receives fifth tranche of investment of Rs 70 crore

07 Oct 2014 Evaluate

Ashoka Buildcon’s subsidiary Ashoka Concessions (ACL) has received its fifth tranche of investment of Rs 70 crore, which will be utilized for equity investment into various under construction projects. ACL has received total investment of Rs 693 crore till date.

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.

Peers
Company Name CMP
Larsen & Toubro 4042.10
Kalpataru Projects 1372.65
NCC 122.45
Rail Vikas Nigam 193.50
KEC International 329.80
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