Ashoka Buildcon’s step down subsidiary - Ashoka Khairatunda Barwa Adda Road has executed a concession agreement with National Highways Authority of India (NHAI) for 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. The accepted bid project cost is Rs 860.10 crore.
Ashoka Khairatunda Barwa Adda Road is a wholly owned subsidiary of Ashoka Concessions, a subsidiary of the company.
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.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4050.00 |
| Rail Vikas Nigam | 296.30 |
| NCC | 160.45 |
| KEC International | 559.60 |
| Kalpataru Projects | 1240.45 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: