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Ashoka Buildcon strengthens on receiving LoAs worth Rs 440 crore from KRDCL

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

14 Sep 2015 Evaluate

Ashoka Buildcon is currently trading at Rs 165.50, up by 3.70 points or 2.29% from its previous closing of Rs 161.80 on the BSE.

The scrip opened at Rs 161.70 and has touched a high and low of Rs 168.30 and Rs 160.00 respectively. So far 5964 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 173.50 and Rs. 160.00 respectively. The current market cap of the company is Rs 3026.91 crore.

The promoters holding in the company stood at 57.24% while Institutions and Non-Institutions held 28.85% and 13.92% respectively.

Ashoka Buildcon has received Letters of Award (LoAs) from Karnataka Road Development Corporation (KRDCL) in respect of two projects amounting Rs 440 crore. The first LoA is for Project No. WCP 1 worth Rs 235 crore to Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) of Existing State Highway Bagewadi (NH-4)-Bailhongal - Saundatti in the state of Karnataka on DBFOMT Annuity Basis.

The second LoA is for Project No. WCP 7 worth Rs 205 crore to Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) of Existing State Highway Hungund - Muddebihal - Talikot in the state of Karnataka on DBFOMT Annuity Basis.

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 strengthens on receiving LoAs worth Rs 440 crore from KRDCL

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