Ashoka Buildcon is currently trading at Rs. 228.25, up by 4.80 points or 2.15% from its previous closing of Rs. 223.45 on the BSE.
The scrip opened at Rs. 230.60 and has touched a high and low of Rs. 230.85 and Rs. 225.25 respectively. So far 21,000 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. 171.65 on 11-Aug-2017.
Last one week high and low of the scrip stood at Rs. 236.00 and Rs. 220.00 respectively. The current market cap of the company is Rs. 4,271.67 crore.
The promoters holding in the company stood at 54.81%, while Institutions and Non-Institutions held 35.71% and 9.48% respectively.
Ashoka Buildcon’s subsidiary -- Ashoka Concessions (ACL) has received a Letter of Award (LoA) from National Highways Authority of India (NHAI) for the Project viz. Six Laning of Khairatunda to Barwa Adda Section of NH-2 from km. 360.300 to km. 400.132 in the State of Jharkhand under NHDP Phase-V on Hybrid Annuity Mode (Project). The accepted Bid Project Cost is Rs 860.10 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.
