Ashoka Buildcon is currently trading at Rs 170.80, up by 0.40 points or 0.23% from its previous closing of Rs 170.40 on the BSE.
The scrip opened at Rs. 167.60 and has touched a high and low of Rs. 175.50 and Rs. 167.60 respectively. So far 23936 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 205.40 on 15-Apr-2015 and a 52 week low of Rs. 110.05 on 16-Oct-2014.
Last one week high and low of the scrip stood at Rs. 175.50 and Rs. 161.00 respectively. The current market cap of the company is Rs. 3223.18 crore.
The promoters holding in the company stood at 67.51% while Institutions and Non-Institutions held 17.18% and 15.32% respectively.
Ashoka Buildcon has received Letter of Acceptance (LoA) from Government of Karnataka under Karnataka State Highways Improvement Project (KSHIP) (Public Works, Ports, & Inland Water Transport Dept), for the Project viz. Upgradation of Road from Badami Bypass junction to Pattadakallu in link 21E and Pattadakallu to Kamatagi link 21F including additional length for Badami bypass in link 21E. The Project is for EPC and the accepted Project Cost is Rs. 110.89 Crore.
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.
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