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Ashoka Buildcon gains on emerging as lowest bidder for two projects in Uttar Pradesh

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

05 Apr 2018 Evaluate

Ashoka Buildcon is currently trading at Rs. 261.95, up by 2.05 points or 0.79% from its previous closing of Rs. 259.90 on the BSE.

The scrip opened at Rs. 264.75 and has touched a high and low of Rs. 264.85 and Rs. 260.95 respectively. So far 9,776 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 281.20 on 03-Apr-2018 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. 281.20 and Rs. 248.00 respectively. The current market cap of the company is Rs. 4,902.36 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 electrification works projects in Uttar Pradesh, at the Financial Bid opening meeting held at Agra. The aggregate quoted price for two projects is Rs 759.84 crore.

The first project is for the electrification work in Etah and Kashiram Nagar (Kasganj) District and quoted Bid Project Cost for this is Rs 320.92 crore.

The second project is for the electrification work in Kannoj, Farrukhabad and Etawa District and quoted Bid Project Cost for this is Rs 438.92 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.

Ashoka Buildcon Share Price

136.90 2.25 (1.67%)

21-Apr-2026 12:29 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	4076.00
Rail Vikas Nigam	299.35
NCC	160.65
KEC International	575.35
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Ashoka Buildcon gains on emerging as lowest bidder for two projects in Uttar Pradesh

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