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Ashoka Buildcon trades jubilantly on receiving LoA worth Rs 219.40 crore from MoRTH

Ashoka Buildcon Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 533271 | NSE: ASHOKA

02 Mar 2015 Evaluate

Ashoka Buildcon is currently trading at Rs. 186.60, up by 21.00 points or 12.68% from its previous closing of Rs. 165.60 on the BSE.

The scrip opened at Rs. 166.00 and has touched a high and low of Rs. 194.00 and Rs. 166.00 respectively. So far 214508 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 194.00 on 02-Mar-2015 and a 52 week low of Rs. 58.35 on 03-Mar-2014.

Last one week high and low of the scrip stood at Rs. 194.00 and Rs. 143.60 respectively. The current market cap of the company is Rs. 2625.48 crore.

The promoters holding in the company stood at 67.54% while Institutions and Non-Institutions held 16.04% and 16.42% respectively.

Ashoka Buildcon has received a Letter of Acceptance (LoA) from Ministry of Road Transport and Highways Government of India (MoRTH). The accepted project cost is Rs 219.40 crore.

The project is for Engineering, Procurement and Construction (EPC) of Rehabilitation and Upgrading to 2 lanes / 2 lane with Paved Shoulders Configuration and Strengthening of Madhugiri-Chikkaballapura-Mulbagal Section (km 343.800 to km 483.151) of NH-234 in the state of Karnataka (Package No NHIIP-KA-234-10) for Lot-ll - km 400.330 to km 483.151 under Phase-I of National Highways Inter-connectivity Improvement Projects (NHIIP).

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.

Ashoka Buildcon Share Price

138.95 1.15 (0.83%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	4094.95
Rail Vikas Nigam	303.10
NCC	161.30
KEC International	580.10
Kalpataru Projects	1232.90
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Ashoka Buildcon trades jubilantly on receiving LoA worth Rs 219.40 crore from MoRTH

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