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Ashoka Buildcon shines on emerging as lowest bidder for project worth Rs 486 crore

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

19 May 2016 Evaluate

Ashoka Buildcon is currently trading at Rs. 143.70, up by 4.20 points or 3.01% from its previous closing of Rs. 139.50 on the BSE.

The scrip opened at Rs. 139.35 and has touched a high and low of Rs. 145.65 and Rs. 139.20 respectively. So far 55892 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. 111.00 on 07-Apr-2016.

Last one week high and low of the scrip stood at Rs. 145.65 and Rs. 135.35 respectively. The current market cap of the company is Rs. 2651.90 crore.

The promoters holding in the company stood at 56.65% while Institutions and Non-Institutions held 30.55% and 12.80% respectively.

Ashoka Buildcon has emerged as the lowest bidder for the project worth Rs 486 crore from National Highways Authority of India (NHAI). Earlier, the Company had submitted its bid to NHAI for the Project viz. Request for Proposal for Two/Four laning with paved shoulders of Govindpur (Rajgunj)-Chas-West Bengal Border section of NH-32 from 0.000 to km. 56.889 in the State of Jharkhand on NHDP Phase-IV on EPC mode (Project). The company emerged as the Lowest Bidder at the Financial Bid opening meeting held on May 18, 2016 at New Delhi. The Company quoted Cost of the Project is Rs 486 crore.

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

Peers

Company Name	CMP
Larsen & Toubro	4094.95
Rail Vikas Nigam	303.10
NCC	161.30
KEC International	580.10
Kalpataru Projects	1232.90
View more..

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Ashoka Buildcon shines on emerging as lowest bidder for project worth Rs 486 crore

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