Ashoka Buildcon is currently trading at Rs. 133.60, up by 6.40 points or 5.03% from its previous closing of Rs. 127.20 on the BSE.
The scrip opened at Rs. 134.40 and has touched a high and low of Rs. 137.70 and Rs. 133.25 respectively. So far 42392 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 196.63 on 30-Apr-2018 and a 52 week low of Rs. 93.15 on 01-Oct-2018.
Last one week high and low of the scrip stood at Rs. 134.70 and Rs. 126.00 respectively. The current market cap of the company is Rs. 3570.80 crore.
The promoters holding in the company stood at 54.25%, while Institutions and Non-Institutions held 35.06% and 10.69% respectively.
Ashoka Buildcon has received approval to issue non-cumulative, redeemable, taxable, listed, rated securities in the form of non-convertible debentures (NCDs) up to an aggregate amount not exceeding 150 crore on private placement basis. The tenure of the instrument is 2 year and 4 month. The Board of Directors of the company at their meeting held on December 17, 2018, approved the same.
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.