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Ashoka Buildcon gains on its arm receiving Letters of Award from NHAI for 3 projects

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

08 Mar 2018 Evaluate

Ashoka Buildcon is currently trading at Rs. 229.80, up by 2.45 points or 1.08% from its previous closing of Rs. 227.35 on the BSE.

The scrip opened at Rs. 227.50 and has touched a high and low of Rs. 229.85 and Rs. 223.10 respectively. So far 8625 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. 230.85 and Rs. 220.00 respectively. The current market cap of the company is Rs. 4300.68 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 arm -- Ashoka Concessions has received a Letters of Award (LoA) from National Highways Authority of India (NHAI) for three Projects in the State of Karnataka under NHDP Phase IV on Hybrid Annuity Mode. The aggregate accepted Bid Cost of these Projects is Rs 2991.70 crore.

First project is for four laning of Tumkur - Shivamogga section from km 12+310 (Design km 12+300) to km 66+540 (Design km 65+195) from Mallasandra to Karadi Village of NH-206 on Hybrid Annuity Mode under NHDP Phase-IV in the state of Karnataka.

Second project is for four laning of Tumkur - Shivamogga section from 65.195 km (Karadi) to 121.900 km (Banawara) of NH-206 on Hybrid Annuity Mode under NHDP Phase - IV, in the State of Karnataka.

Third project is for four laning of Belgaum - Khanapur Section km 0+000 - km 30+800 (design chainage km 0+000 - km 30+000) of NH-4A in the State of Karnataka on Hybrid Annuity Mode.

Ashoka Buildcon Share Price

134.65 -4.30 (-3.09%)

20-Apr-2026 16:59 View Price Chart

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Ashoka Buildcon gains on its arm receiving Letters of Award from NHAI for 3 projects

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