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Ashoka Buildcon rises on receiving CC for Mudhol-Nipani Road Project

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

18 Jan 2018 Evaluate

Ashoka Buildcon is currently trading at Rs. 233.95, up by 5.75 points or 2.52% from its previous closing of Rs. 228.20 on the BSE.

The scrip opened at Rs. 230.00 and has touched a high and low of Rs. 235.90 and Rs. 220.60 respectively. So far 5,240 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 268.50 on 29-Nov-2017 and a 52 week low of Rs. 160.75 on 23-Jan-2017.

Last one week high and low of the scrip stood at Rs. 246.55 and Rs. 220.60 respectively. The current market cap of the company is Rs. 4,378.00 crore.

The promoters holding in the company stood at 56.64%, while Institutions and Non-Institutions held 32.58% and 10.78% respectively.

Ashoka Buildcon’s special purpose vehicle (SPV) - Ashoka GVR Mudhol Nipani Roads has received Completion Certificate (CC) for the entire work of Mudhol-Nipani Road Project. Earlier, the company had received Commercial Operation Date (CoD) for Mudhol-Nipani Road Project executed by Ashoka GVR Mudhol Nipani Roads entitling it to receive payment of Annuity.

The SPV is executing the Project viz. Designing, Building, Financing, Operation & Maintenance, Rehabilitation and Upgradation of the Existing State Highway (SH18) from Mudhol to Nipani (approximately length 107.937 Kms) 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
View more..

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Ashoka Buildcon rises on receiving CC for Mudhol-Nipani Road Project

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