Ashoka Buildcon is currently trading at Rs. 237.90, up by 8.40 points or 3.66% from its previous closing of Rs. 229.50 on the BSE.
The scrip opened at Rs. 239.50 and has touched a high and low of Rs. 240.30 and Rs. 237.15 respectively. So far 4,988 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. 240.30 and Rs. 225.00 respectively. The current market cap of the company is Rs. 4,470.00 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 has emerged as the Lowest Bidder for two projects at the Financial Bid opening meeting held on March 20, 2018. The aggregate cost quoted by the company for two projects is Rs 447.51 crore. Earlier, the company had submitted its bid to the Ministry of Road Transport & Highway (MoRT&H) through Public Works Department, National Highway (PWD), Maharashtra for two projects.
The first project is for up-gradation of Jalgaon - Bhadgaon (section I) of NH 753J from Chainage 4+000 Km to 56+200 Km to two lane with paved shoulders in the State of Maharashtra on EPC mode2. The second project is for up-gradation of Bhadgaon - Chalisgaon (section II) of NH 753J (Jalgaon - Bhadgaon - Chalisgaon - Nandgaon - Manmad (46.800 Km)) in the state of Maharashtra on EPC mode.
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.
