Ashoka Buildcon is currently trading at Rs. 270.45, up by 0.30 points or 0.11% from its previous closing of Rs. 270.15 on the BSE.
The scrip opened at Rs. 269.00 and has touched a high and low of Rs. 273.50 and Rs. 268.05 respectively. So far 6383 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. 274.00 and Rs. 263.15 respectively. The current market cap of the company is Rs. 5062.38 crore.
The promoters holding in the company stood at 53.99%, while Institutions and Non-Institutions held 35.85% and 10.16% respectively.
Ashoka Buildcon’s step down subsidiaries - Ashoka Mallasandra Karadi Road, Ashoka Karadi Banwara Road and Ashoka Belgaum Khanapur Road have executed concession agreement with National Highways Authority of India (NHAI) for Hybrid Annuity Mod (HAM) Projects in the State of Karnataka.
All these SPVs are Wholly Owned Subsidiaries of Ashoka Concessions, a subsidiary of the company. The accepted bid project cost of all the above projects is Rs 2,991.70 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.
