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Ashoka Buildcon spurts as its consortium receives LoA for project worth Rs 155.81 crore

10 Mar 2016 Evaluate

Ashoka Buildcon is currently trading at Rs 186.70, up by 0.90 points or 0.48% from its previous closing of Rs. 185.80 on the BSE.

The scrip opened at Rs. 185.00 and has touched a high and low of Rs. 188.70 and Rs. 185.00 respectively. So far 4541 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 211.90 on 23-Dec-2015 and a 52 week low of Rs. 147.10 on 27-Apr-2015.

Last one week high and low of the scrip stood at Rs. 194.30 and Rs. 183.00 respectively. The current market cap of the company is Rs. 3480.97 crore.

The promoters holding in the company stood at 57.21% while Institutions and Non-Institutions held 30.50% and 12.29% respectively.

Ashoka Buildcon’s consortium along with Bhartia Infra Projects has received Letter of Acceptance (LoA) from National Highways & Infrastructure Development Corporation (NHIDCL) for project worth Rs 155.81 crore. The company’s share in the consortium is 49%.

The consortium had bid for the project of two laning with paved shoulder of NH - 52 KM 583.450 to KM 605.600 (existing chainage from KM 583.450 to KM 595.00) from Pasighat to Bomjur road including realignment from KM 591.900 to 602.600 (design length = 22.15 KM) in Arunachal Pradesh Package of SARDP-NE on EPC Mode issued by NHIDCL.

Ashoka Buildcon is one of the largest highway developers in the country with an impressive portfolio of over 28 PPP (Public Private Partnership) projects. It is present across nine states in the country executing several prestigious projects for National and State Governments

Ashoka Buildcon Share Price

138.95 1.15 (0.83%)
17-Apr-2026 16:59 View Price Chart
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